Population
Culture
Education
and health
Answer: Hello!
The culture of South America today stems from a diverse set of cultural traditions, dating back to those of pre-Columbian civilisations and indigenous tribes, which have mixed with those of African slaves as well as Asian and European immigrants.
Explanation:
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The lack of government oversight occurred in the housing market -- specifically in the home loan business. It's sometimes referred to as the "subprime mortgage" crisis. Subprime mortgages were mortgages given to borrowers that didn't qualify for a conventional loan. They would be financed in ways that charged borrowers higher interest because of the risk or had large balloon payments later in the loan period. As a result, there was a "housing bubble" created, where many people had entered into home loans above what they could pay. When that bubble burst and the housing market crashed, it triggered the great recession.
You might check out the book or the film called "The Big Short" for an interesting study of what happened!
(1) Spain acquired a great deal of wealth because the gold and silver were sent to Spain.
(2) The Spanish economy became more dependent on the economies of other European countries.
(3) Spain went bankrupt because of the high costs of labor in North and South America
(4) Because they had vast resources of gold and silver, Native American were able to purchase many goods from Spain.
