The first main reason was most of the market was based solely on credit, which was stock that was purchased without actual cash, but purchased on credit.
The second factor was the massive pull out by many investors due to a panic that caused the Banks to attempt to purchase these stocks leading to a complete collapse in the market.
Pros:
- More advanced in warfare
-More soldiers
-Having factories provide for the Union
- Leadership Advantage
-Larger Population
Cons:
-Barley knew their way around Confederacy lands
- Under high pressure
- Not everyone was in favor
The Treaty of Ghent was the peace treaty that ended the War of 1812 between the United States of America and the United Kingdom of Great Britain and Ireland. Both sides signed it on December 24, 1814, in the city of Ghent, Belgium.
Actually, the categories what are included as the exclusive powers of the Federal Government include those that are expressed or enumerated, implied power, and inherent power, except for RESERVED POWER. This is the kind of power which is the opposite of expressed power. Hope this answer helps.