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Charra [1.4K]
2 years ago
7

During the industrial revolution people began to see that what made manufacturing more efficient

History
1 answer:
cricket20 [7]2 years ago
8 0
Machines and automation
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What was the purposes of "killing centers"?
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The Nazis established killing centers for efficient mass murder. Killing centers were almost exclusively “death factories.” They are also referred to as “extermination camps” or “death camps.” Nazi concentration camps, by contrast, served primarily as detention and labor centers. At the killing centers, Nazi officials employed assembly-line methods to murder Jews and other victims. German SS (Schutzstaffel; Protection Squadrons) and police murdered nearly 2,700,000 Jews in the killing centers by asphyxiation with poisonous gas or by shooting.

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Which pair of numbered statements best completes the chart related to the features of the chambers of Congress? House of Represe
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A (2) Led by a speaker.

B (2) Approves presidential appointments.

D (2) Representation based on state populations.

Explanation:

Both institutions i. e. the House of Representatives and the Senate are led by the speaker. The chamber of congress has the right to approves presidential appointments with the help of voting of the representatives that are elected by the people of the state through voting. Representation in the House of Representatives are based on state populations, which state has higher population more seats were allotted to them.

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What happened as a result of J.P. Morgan’s work in the financial industry
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He saved the American Economy and led to the establishment of the Federal Reserve.

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JP Morgan was a businessman with contacts and investments in many different industries. These contacts, and his wealth, allowed him to wield huge control over the financial industry. This resulted in two big events. Firstly, there was the Gold Crisis of 1895. The US Treasury nearly ran out of gold and Morgan persuaded the president to use an old law to buy gold off him (And the rockefellers). This stabalised the American Dollar and averted crisis. A similar thing happened in 1907. Major New York banks were on the verge of collapse and Morgan held a meeting at his mansion where he forced the New York finaciers to come up with a plan. This they diid and the federal government saved the banks. Morgan also used his controlling interest in US Steel to buy the stock of a competitor whos stock was casuing a brokerage firm to collapse. Despite the anti trust legislation he purchased the stock, This restored confidence in the banking system and ensured the crisis was over.

More importantly, the event made the government realise that they couldnt rely on there always being a wealthy indiividual like Morgan to save the day should there be another crisis. This lead to the creation of the Federal Reserve System in 1913. This was a joint effort of a team of banking and political leaders, led by Senator Nelson Aldrich.

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