They believed in the promise for the future for their families and theirselves.
Responses to global depression should entail a concerted effort by governments around the globe to instill confidence in the global financial system and maintain stability of the monetary system. Confidence is important as it will help stimulate consumption which is critical in economic growth. Stability is vital in ensuring that investors do not resort to cash flight.
The answer is: profits from the Americans caused growing inflation in spain, the costs of many wars rapidly emptied the spanish treasury
The rise in America's economic power cause Spain to lose a lot of market that they previously dominated through trades.
As the profit obtained by the Americans got higher, GDP that Spanish producers able to create keep declining, which cause a growing inflation in Spain. This situation got worsened by the need of high government budget to be allocated to the military.
The Magma Carta was signed on June 19, 1215, at Runnymede, by King john. This document declared that the king had to follow and obey the laws of the land and granted the people the rights of individuals against the wishes of the king.
Two main influences of the magma Carta were: The development of the common law along with many constitutional documents, which included the United States (US) constitution.
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