<span> Falling demand leads to falling prices, and less production, which leads to a deflationary cycle that spirals out of control. It actually started when agriculture commodities (wheat, corn, beef etc) was over supplied. Followed by an artificially inflated housing market which collapsed when the market corrected. </span>
Answer: Spain possessed the most of them at the very beginning of the colonization (till the 1st half of the 19th century), Britain possessed the most of them at the end of colonization. Denmark possessed the least and for a very limited period of time. Portugal was the first country to possess colonies and the last country that decolonized its territories (1970s) but the in comparison to Spain or Britain, its colonies were less extensive.
Explanation: it depends very much what period we are focused on. So the question is not so easy to answer. In the 16th, 17th and 18th century it was Spain that possessed the most colonies. With the decolonization of South America and Central America and with the territorial expansion of the USA during the 19th century situation changes. For the growth of the British cololonial system, 18th century (Seven Years´ War) was crucial...at that time Britain eliminated its rival, France, from its significant position. Then, the Britain maintained the first position. On the other extreme there are less significant colonial powers: the Dutch and especially Danes.
The concept of judicial activism is a philosophy that allows judges to base their judgement on their personal views. When a judge is suspected to give rulings as judicial activism, he may have done his own interpretation of the constitution that favors his personal views.
It means rubber people. it was a name of a mesto-american tribe (: