They pledged mutual allegiance
Credit is essentialy a loan given that is paid back with interest. Arguably, credit caused the Great Depression. Many Americans invested in the stock market with credit when they did not have the money, so when a recession in the stock market occurred, many stockholders were in huge debt. Banks that lended money were out of money, and depositors lost money. This caused homes to foreclose, and because of the decrease in consumer purchasing power (people were in debt), companies laid off workers and unemployment rose.
Answer:
Daoism
Explanation:
Taoism is a Chinese religious philosophy, which is based on ethical and moral values, presents values based on mysticism and popular enigmas, with a strong influence on Chinese culture and polytheistic content. Taoism is of great value to ancestry and the cult of ancestors, encouraging people to follow the guidelines of the past. Taoism also uses concepts of alchemy and magic.
Low wages poor conditions while working and the poverty that was spreading around it
Slaves are used to manage the daily affairs
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Explanation:
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In the late middle ages the township was expanded along the region and more and more sophistication has come up for those the landlords. And they are in need of men and women to work on field and houses and to maintain the township.
To carry out the daily routine work they are in need of slaves who can work in the fields as well as in the household chores. The landlords classified the slaves into different types they agriculture field worker, house slaves and servants. In the late Middle Ages the agriculture production was at peak and slaves did lot of physically difficult work.
