The early humans that arrived in the Americas were thought to have eradicated large ice age animals. However, research later revealed that the disappearance of such animals may have been caused by climate change. According to earliest dated artefacts, this may have happened more than 15000 years ago
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The Tea Act of 1773 was one of several measures imposed on the American colonists by the heavily indebted British government in the decade leading up to the American Revolutionary War (1775-83). The act’s main purpose was not to raise revenue from the colonies but to bail out the floundering East India Company, a key actor in the British economy. The British government granted the company a monopoly on the importation and sale of tea in the colonies. The colonists had never accepted the constitutionality of the duty on tea, and the Tea Act rekindled their opposition to it.
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Answer: 1.Credit boom. In the 1920s, there was a rapid growth in bank credit and loans in the US. Irrational exuberance. 2.Earning per share rose from 20 (1923) to a peak of 100 (1929). 3.Irrational exuberance. Earning per share rose from 20 (1923) to a peak of 100 (1929). 4.Agricultural recession. 5.Weaknesses in the banking system. 6.Role of monetary policy.
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