Hello There!
In the trade network, American colonists depended on England for “Factory Goods”
There was many goods that they had.
The first emperor, Augustus, reduced the size of the senate from 900<span> members to </span>600<span>, even though there were only about </span>100<span> to </span>200<span> active senators at one time.
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The answer is C (the 3rd one)
Answer:
Explanation:
The banks were holding securities that were only worth 1/10 the value of the loans they provided to investors. That means that they were taking 9/10 of the risk. That is far too big a fraction. Investors needed to have more of the share of ownership.
When the markets began to fall that 1/10 was eaten up very quickly and the banks began selling. Now the word on the street was sell, but who was going to buy and so the markets avalanched downwards.
Many banks went bankrupt. That destabilized the economy and the depression came on.
There were other factors as well, like crop failures, but you wanted an economic event.
