I would need a question to help
Loyalists: advantages
-Loyal to the crown.
-Despised the patriots.
-Were totally against the revolution.
Patriots: advantages
-Wanted independence.
-Fought hard.
-Were willing to do anything for their country.
Similarities:
-They both lived in America.
-They both had opposite views.
- They both speak the same language.
Loyalist- disadvantage
• They fought 300 miles away from home
• They didn't know the land
• They didn't pay off all the debts from the French & Indian War
Patriots-disadvantage
•They had a volunteer army (not well-trained)
• They had to create an army
• They had to borrow money to pay for the war
• They printed paper money (this led to inflation)
Answer:
Many people were on margin (that's when you put your stock up for security and the bank makes you a loan to buy more stock. Effectively the bank owns the stock). "Everybody's doing it. You can make scads of money doing it." When the market crashed, in many cases it took everything you had. Those who knew what was going on panicked.
Explanation:
