Both Thomas Jefferson and James Madison are known as two of the Presidents and also as two of the Founding Fathers of America. For them, they believe that the most beneficial for the country is to support lowered tariffs and strengthen foreign trade for the farmers of America. Answer is C.
Indentured service was intended to last for a set period of time, such as seven years. In the hostile surroundings, English people didn't endure very long.
Portuguese attempts to enslave Native Americans on the Caribbean Islands they 'found' failed as well. The Portuguese quickly discovered that the locals in what is now Ghana were even more eager to give them with slaves than gold since they had built the castle of "St George of the Mine" there a few years earlier.
<h3>What is best defines as indentured servant?</h3>
Indentured servitude refers to a contract between two individuals, in which one person worked not for money but to repay an indenture, or loan, within a set time period.
<h3>What distinguishes indentured servitude from slavery?</h3>
While indentured servants work for a predetermined number of years, slavery was a lifetime of forced labor. Indentured service was not a status that could be inherited like slavery. The contracts of indentured slaves could be purchased and sold, but the individuals themselves could not because they were regarded to be property.
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Traute Grier explained her experiences as her being scared of the Russians. She felt nothing could ever be worse than falling into the hands of her Russian enemies that had, just three years prior, taken down Berlin. She is telling this in first person point of view, reliving her own experiences.
Answer:
Inflation
Explanation:
During the early 1920’s the Weimar Republic (German government from 1918 to 1933) was affected by Hyperinflation*, particularly in 1923. This happened because Germany had many debts they could not afford: a) the Reichstag (German parliament until 1918) funded the costs of WWI by borrowing money, which they could not repay after the War, as Germany was defeated by the Allies and could not annex the rich territories they tried to occupy; b) after the Great War the debt was increased as the Allies imposed very large reparation sums to be paid by Germany (Treaty of Versailles and London Payment Plan).
With the London Payment Plan, Germany had to repay the money in gold or foreign currency in annual installments. When they started the repayments in gold marks, during the summer of 1921, the paper mark started to lose value because after the repayment they started to buy foreign currency at any rate, which started to depreciate the paper mark. This caused that by 1922 Germany was not able to buy foreign currency or gold in paper marks, so they had to start exchanging them for goods; and so, they were not able to make the repayments. Then, in 1923, to ensure Germany paid the reparations agreed France and Belgium occupied the Ruhr valley, which prompted workers to go on a strike. This meant that there was no income from production. So Germany had to print more paper marks to pay for salaries, which inundated the market with paper marks, devaluating the currency and creating a hyperinflation. By November 1923 a USD was equivalent to 4,210,500,000,000 marks.
<u>* Hyperinflation</u>: when inflation is very high and happens in a very short time. As the general price of goods and services increases, the real value of the currency highly decreases. The purchasing power of the currency decreases. This means that, for example, with one dollar you can buy less things than before inflation. Therefore, people cannot buy essentials as their prices become exorbitant.
One of the changes that prompted the decline of the Soviet Union was that food shortages were common and were also excesses in military spending. The food scarcity problem has become one of the major economic problems that took place in the Soviet Union wherein the country had to rely much on imports.
