One of the main factors which contributed to the Stock Market Crash in 1929, when the very loose regulations related to margin orders.
In financial terms, margin in an instrument which consists on depositing a collateral with a counterparty (generally the broker) to cover some of the credit risk that the depositor places to that counterparty.
In the 1920s, the mandatory requirements regarding margins were not very strict, and brokers asked investors to put in a small fraction of their own money. Leverage rates which measure the proportion of debt, reached 90% with a high frequency. Nowadays, the Federal Reserve has established the limit of 50%.
Back in 1929, when the stock market started to contract, many investors received margin calls. They had to hand in more money to their brokers, because the amounts required before were not enough and if not, their shares would be sold. Many people did not have the extra margin amounts required, their shares were sold and the market declined further. This generated more margin calls and more declines. This is why margin calls were one of the causes which triggered the Stock Market Crisis and, in turn, the Great Depression in 1929.
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from puerto rico to jamaica to spain
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Christopher Columbus founded Isabela, the first permanent spanish settlement in the New World, on hispaniola. After finding gold in recoverable quantities nearby, the spanish quickly overran the island and spread to puerto rico in 1508, to Jamaica in 1509, and Cuba in 1511.
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you want me to give you the link to the slide
Explanation:
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Explanation:
Wood engraving by Gustave Dore (1832-1883) taken from 'London: a Pilgrimage', published by Grant & Co in 1872. Behind the group of exhausted-looking workers in the foreground, others can be seen stoking the fires beneath the gas retorts, sealed vessels where, at high temperatures, the coal was broken down into tar, coke and gas. From the 19th century, manufactured gas was made by the distillation of coal, predominantly for use in lighting. In 1869, the writer Blanchard Jerrold suggested a collaboration with Dore on a comprehensive portrait of London. Entitled 'London: a Pilgrimage', the book contained 180 engravings and although a commercial success, there were criticisms that Dore had concentrated on the poverty of the city.
A. true, because the disease killed some of them and slavery defiantly killed people through them trying to escape and the torture of there masters. Hope this helps!
