When it comes to growth during Jefferson, the biggest thing he did was purchase the Louisiana territory from the French. The French wanted to sell the territory to the US and leave that part of the North American continent and the US bought it for various reason. Major reasons were expanding the size of the colonies and preventing the British from trying to take the colonies first.
Marx believed that capitalism would lead to revolt, hence a classless society.
Answer :
In the beginning of the 1820's,the U.S became to have economic relationship with Hawaii and then friend relationship,these relationship became more and more stronger,but later Washington learned that european powers like France,Great britain, later spain (which see economic privileges they can get too )were trying to force this country to have some inequal economic relation with them and later to invade the island.
As they were many american citizens in the island and for defending his interests in the island and in the pacific,the US decided to take control of the island
Answer:
Great depression was the severest downturn of the economy .It lasted for more than 10 years .There was fall in the economy as a whole.There was fall in industrial production,prices,unemployment ,rise in poverty and fall in the performance of banks.
<u>Explanation:</u>
Causes of Great Depression:
- <u>Stock market crash of 1929</u>:it was one of the major causes that lead to great depression
- <u>Bank failures</u>:9000 banks failed and people lost their savings
- <u>Reduction in purchasing</u>:With the crash in the stock market people got scared and their purchasing power reduced a lot.
- <u>Reduction in production</u> :Less purchasing power of people had a great impact on production.
- <u>American economic policies</u> with Europe:In order to protect American companies ,new policies were introduced a high tax was charged on imports which reduces trade with other countries.
- <u>Drought</u>:In 1930 drought occurred in Mississippi.Due to which people were not able to pay the taxes and they had to sell their farms.
