The Counter-Reformation was successful in certain areas. For instance, it was largely able to eliminate the spread of Protestantism in Austria and France. These two areas had large numbers of Protestants during the Reformation, but their numbers had severely dwindled by the end of the Thirty Years' War.
<h2>
ADVANTAGE OF JOINT-STOCK COMPANIES</h2>
1. LARGE CAPITAL: The outstanding advantage is that it allows vast mobilization of capital which otherwise is not possible to arrange. In a public company, there is no limit to the number of members. A very large number of people acquire interest in the company by purchasing shares.
<h2>DISADVANTAGE OF JOINT-STOCK COMPANIES</h2>
1. FRAUDULENT MANAGEMENT: Frauds have been a common feature of many a company. The promoters and directors may indulge in fraudulent practices. The company law has devised various methods to check the fraudulent practices but they have not proved to check them completely.
Answer:
a) buying stock on margin
b) overproduction in agriculture and industry
c) prohibition of alcohol
Explanation:
- Brokers and businesspeople, fearing the worsening of jammed eateries and speakeasies (a place where alcoholic beverages were illegally sold),
- Farm and factory overproduction contributed to the Great Depression. During World War I, U.S. farmers produced extra food to feed friends in Europe. The 1920s saw persistent overproduction.
- On Black Tuesday, October 29, stockholders exchanged 16 million shares and lost $14 billion. A stock market day with 3 million shares was deemed active. People dumped their investments fast, ignoring the loss. Banks, facing debt and wanting to safeguard their assets, sought repayment for investor loans. Those who couldn't pay lost their stocks and money in minutes, but their bank debt remained.
In my research it concludes all the above.
Answer:
articles of confederation
