Answer:
Since the debt crisis, the idea that public credit is the first step aimed at the loss of national sovereignty through an economic intervention has expanded. China Qing and the Ottoman Empire were caught in the vicious circle of debt
It is a very similar story that two of the most powerful empires of the pre-modern era became states that depend on international credit in the industrial age. Qing China and the Ottoman Empire suffered a long period of decline that ended their imperial status by 1840.
Explanation:
The two countries suffered some kind of crisis towards the second half of the century that pushed them towards indebtedness abroad, which would lead to the contracting of debt in international markets in order to cope with their long decline, and with the hope of modernize their industry. Following that debt would lead them to accept, foreign intervention.
During the war, the Turks, without an army with the power to confront the Egyptians, had to request the help of their former enemies, forcing the intervention of Britain and Russia. International aid was not free, and its price was through the Balta Treaty, where Turkey agrees to adopt a free market system, withholding taxes on imports.
The case of the Qing dynasty in China was very similar. By 1820, the empire showed symptoms of clear economic damage. Stuck in an extremely restrictive trading system, through which all international trade demanded through the Cohong guild, China collided with Western interests during the First Opium War. The defeat marked the beginning of a long process of decline.
<span>Among the choices, the one that describes an advantage oral history has over written history is C, Oral history can engage and entertain listeners by using music, rhythm, and poetry. They aren't considered primary sources because they can be changed as time goes on, depending on the storyteller.</span>
Answer:
savannah river
Explanation:
Tomochichi believed that befriending Oglethorpe would benefit his people and form a new trading partnership. Tomochichi led the settlers to Yamacraw Bluff overlooking the Savannah River. This became the first settlement of the new Georgia colony.
When you look at this question the correct answeer would be (3) Louis XVI called the Estates General into session.
Napoleon Bonaparte was given the title of Emperor of France in the year 1804.
The Declaration of the Rights of Man and of the Citizen, set by France's National Constituent Assembly, was set on August 27 of the year 1789.
Louis XVI called the Estates General into session in May of the year 1789.
Maximilien Robespierre, the architect of the French Revolution's Reign of Terror, lead it on by throwing more than 17,000 enemies of the revolution to the guillotine, starting in the year 1793.
