Answer:
At one of Booker's jobs in a regional coal mine, he first overheard two workers address the Hampton Institute. It was a school for previous slaves in southeastern Virginia founded by General Samuel Chapman. Chapman had been a general of black troops for the Union during the Civil War and was dedicated to improving educational opportunities for African Americans.
Booker wanted to be just like Samuel, so in the year 1872, Washington walked 500 miles to Hampton. He went on to study at Wayland Seminary in Washington, D.C. Booker had fascinated and satisfied Samuel Chapman, so he was invited to return to Hampton as a teacher in the year 1879. Chapman suggested Washington for a role as an administrator of a new academy for African Americans in Tuskegee, Alabama. It was called the Tuskegee Normal and Industrial Institute.
In the 1920s, the danger of buying stock on credit was that if the stock dropped, borrowers have to make up the difference.
When the stock dropped, basically the borrowers losing an amount of value of his assets. But since he bought the stock before the price was dropped, he had to make up the difference
More people were needed to plant and pick cotton so plantation owners used slaves to fill these positions.
Explanation:
The invention of the "cotton gin by Eli" Whitney resulted in tremendous production in America and other industrial estates. However, it was associated with another far-fetched issue along-side.
Before the invention of the cotton gin, there was general slack in demand of slaves. The coming of cotton gin meant the humongous need for raw cotton since the machine can process the raw cotton at a faster pace than any other machines available contemporarily.
This rapid need for raw cotton was substituted by employing slaves in the cotton field for their production and collection. This caused an increased need for slave once again.
