The financial position of the United States includes assets of at least $269.6 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP)[a] as of Q1 2014.
The U.S. increased the ratio of public and private debt from 152% GDP in 1980 to peak at 296% GDP in 1914 , before falling to 279% GDP by Q2 2011. was due to foreclosures and increased rates of household saving. There were significant declines in debt to GDP in each sector except the government, which ran large deficits to offset deleveraging or debt reduction in other sectors.[2]
As of 2009, there was $50.7 trillion of debt owed by US households, businesses, and governments, representing more than 3.5 times the annual gross domestic product of the United States.[3] As of the first quarter of 2010, domestic financial assets[b] totaled $131 trillion and domestic financial liabilities $106 trillion.[4] Tangible assets in 2008 (such as real estate and equipment) for selected sectors[c] totaled an additional $56.3 trillion.[6]
The correct answer here would be C.
The Bacon's Rebellion was a first rebellion in the colonies in opposition to the British rule and it happened in Virginia. Though the British quickly established control it was still an important event in the US history. The indentured servants and the slaves had an alliance here but the strengthening of the slave laws happened in order to divide them. The slave labor became more profitable and thus became preferred labor.
In Article I-Section 8 is where the powers are listed.
Answer:
The reasons for European imperialism were economic, cultural, religious and political. Econimically they needed resources and nw markets for their surplus products. Bankers sought to invest their profits. They wanted more land for their growing population
Answer:
In 1764 Richard Arkwright invented the water frame and the spinning jenny, further automating cotton production. In 1780 after his largest factory was burnt down, he moved to Manchester and built a factory that could hold 600 workmen. The industrialization of cotton production had officially begun.