Founded in 1874, The Greenback Party Advocated The Use of Paper Money They were also known as the Independent Party, the National Party, and the Greenback-Labor Party. They started in 1874 and were defunct by 1884. Their name was in reference to the use of paper money ("greenbacks") that had been issued during the American Civil War and afterward. They were against shifting from paper money back to a specie-based monetary system. They felt that private banks and corporations would then reacquire the power to control costs and labor. They felt that government control of the monetary system would allow it to keep more <span>currency in circulation because that method had worked during the Civil War.</span>
During this era, human technology boomed. In this era, nomads have started farming. Nomads have stopped moving from one place to another. They have started forging metal tools. They also started pastoralism. They have communities and tribe. They were able to create a system on their own.
The industrial revolution is due to different factors. Absolutism was known to have lead to revolution.
Absolutism is a popular word used by historians to depicts a form of monarchical power that is not limited by any other kind of institution, such as the church, parliament, etc.
<h3>Comparison and contrast between the American and French Revolutions.</h3>
The causes of the American Revolution was said to be due to the 7 years war (war debt), Taxes, and other factors.
- The Similarities between the French and American Revolutions was that; The Both Revolutions was done because the people need a change from being ruled by an absolute ruler.
The two Revolutions was also done due to the economic instability from war debt and the social inequality that was present as at that time.
The revolution was due to the enlightenment ideas that were been spread across the both countries.
- The key difference between the American and French Revolutions is that the American revolution is not one that had the reign of terror.
Another difference is that American revolution was due to outrage as a result of political reasons but that of the French was that they were fighting for full social revolution.
The reason for the French revolution and the American revolution and why they are also similar is due to the fact that both were said to be partially started by a kind of overextending monarch, is similar also as both were started by the commoners.
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Mercantilism - Belief in the benefits of profitable trading.
Import - bring goods or services into a country from abroad for sale.
Export - send goods or services to another country for sale.
Enumerated article - the goods that the English colonies could export only to England in the 17th century.
Legislature - the legislative body of a country or state.
Indentured servant - were men and women who signed a contract also known as intenture or covenant by which they agreed to work for an amount of time in exchange for transportation to a location.
Explanation:
<h3>hope this helps ☺️</h3>