One of the most significant economic warning signs that appeared during the Hoover administration is that stocks were wildly overvalued. Another was that speculation was rampant.
Answer:
A central bank was needed to prevent the future panics is the correct answer.
Explanation:
The panic of 1907 is also known as the Bankers Panic .It was a financial crisis that occurred in US during mid October of 1907. During the crisis the New York Stock Exchange fell by fifty percent and due to panic people withdrew their money from banks and trust companies. The panic later spread throughout the nation. The panic happened due to the attempts to corner the market. Financier J.P Morgan prevented the panic from deepening by pledging large sum of money and by convincing other bankers to do the same. The panic highlighted the needs of an independent Treasury system to mange money supply and inject liquidity in the market when the need arose. Next year a committee was established by John D Rockefeller Jr. to find out the reasons of the crisis and propose solutions, it led to the creation of Federal Reserve System.
Answer:
Bacon's Rebellion was probably one of the most confusing and unclear chapters in Jamestown's history. For many years, historians considered the Virginia Rebellion of 1676 to be the first stirring of revolutionary sentiment in America, which culminated in the American Revolution almost exactly one hundred years later.
Explanation:
However, in the past few decades, based on findings from a more distant viewpoint, historians have come to understand Bacon's Rebellion as a power struggle between two stubborn, selfish leaders rather than a glorious fight against tyranny.
Bacon's Rebellion can be attributed to many causes, all of which led to dissent in the Virginia colony. Economic problems, such as declining tobacco prices, growing commercial competition from Maryland and the Carolinas, and the rising prices from English manufactured goods (mercantilism) caused problems for the Virginians. There were heavy English losses in the latest series of naval wars with the Dutch and, closer to home, there were many problems caused by weather. Floods, dry spells, and hurricanes rocked the colony all in the course of a year and had a damaging effect on the colonists.
The numerous problems that hit the colony before the Rebellion gave rise to the character of Nathaniel Bacon. Due to the nature of the uprising, Bacon's Rebellion does seem at first glance to be the beginnings of America's quest for Independence. But closer examination of the facts reveals what it really was: a power struggle between two very strong personalities. Between them they almost destroyed Jamestown.
The correct answer is slave ship
I think it is:
Preserve Order,
Defend Against External Enemies
Manage Economic Conditions, And
<span>Redistribute Income and Resources..But there might be more...</span>
