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alexdok [17]
3 years ago
12

Indentured servants were effective

History
1 answer:
Licemer1 [7]3 years ago
8 0

The answer is letter C

Explanation: Contract bondage is an employee who, within a service system, is bound by contract to work for a particular employer for a fixed period of time. The employer often allows assigning the work of a contract to a third party.

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They fought for the land so they could live in it, not so they could give it to the Native Americans (whom which the colonists didnt like so much back then)

Explanation:

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The stock market crash on October 24, 1929, marked the beginning of the Great Depression in the United States. The day became known as "Black Thursday," Many factors had led to that moment. World War I, changing American ideas of debt and consumption, and an unregulated stock market all played pivotal roles in the economic collapse.

World War I transformed the United States from a relatively small player on the international stage into a center of global finance. American industry had supported the Allied war effort, resulting in a massive influx of cash into the US economy. As the war interrupted existing global trade relationships, the United States stepped in as the main supplier of goods, including weapons and ammunition. These purchases left European countries deeply in debt to the United States.

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Finally, the stock market, based on Wall Street in New York City, was loosely regulated. There were few rules to ensure invested money was safe. Speculators began to deliberately manipulate stock prices, buying and selling in order to increase their returns. Only a small number of Americans purchased stock directly, most believing that the market values would continue to increase. Many investors, comfortable with debt, bought stocks “on the margin,” using a small personal investment to pay a portion of the actual share value while borrowing the rest from a bank or other lender. They assumed the stock price would rise and they would be able to repay the balance of the loan from their investment profits. This system worked well, until the stock decreased in value.

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