Hi!
1.Trump faced bankruptcy when he was unable to make massive loan payments of over $2 billion. He had regularly convinced financial institutions that his name raised the worth of his assets, so they could ignore their usual lending and collateral guidelines. At that point, however, the market was contracting, and banks were not eager to agree to his demands and invest in what was then considered risky.
2.Trump lost control of some of his real estate to creditor banks and was forced to trade part of his empire to restructure debts. Although he secured emergency financing, his worth was reduced from an estimated $1.7 billion to $500 million. Perhaps worse, Trump's expertise was questioned. Trump found this uncertain period a challenge.
Hope it helps and have a wonderful day!
Answer:
The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939. It responded to needs for relief, reform, and recovery from the Great Depression.
Explanation:
Answer:
William Penn believed strongly that Indians should be treated fairly. He traveled to the interior of the colony and befriended different Native American tribes. He insisted that the Native Americans be paid a fair price for any land that was purchased from them.
The Treaty of Paris signed in 1763, was the end of the "French-Indian war", a conflict which took place among three major powers at the time : France, Britain and Spain which fought for the colonies in North America. These powers had Native American tribes allied with each one of them and it is called "French - Indian War" because the British considered the French and the Natives to be their enemies.
Spain might have contemplated this as a victory as it expanded its territories to the east, adding territories to their already vast empire of South and Central America. France basically lost their territories in North America,and their interest of exploiting natural resources such as furs. Finally, although British and Americans expanded their territories to the west, this entreprise was greatly expensive for Britain.
