Well before slavery in America, there was an agreement of some sort where people would come to the new land poor and work for them for at least 7 years, however, America started to think "What if we had PERMANENT slaves which we could treat however we wanted” and then they sailed to Africa where they traded with the African leader for Negros to use.”
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11. D, 12. 3, 13. D, 14. C
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During the stock crash, most people were trying to trade the stocks, mostly to sell overpriced stock that had lost a great amount of value in only a few days.
Unfortunately for most of them, these stocks still lost a great amount of value, which meant that they lost a lot of money. Billions of dollars of market value were wiped out in a single day, leading to thousands of people to financial ruin, and starting a period of economic recession known as the Great Depression.
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Their timing was good: not only was the Cold War nearly over, but Japan's enormous trade surpluses were becoming a cause of great concern in the United States. For these critics, Japan's success came from its adversarial trade policies and powerful industrial cartels.Economy. Europe was the first of the major world regions to develop a modern economy based on commercial agriculture, industrial development, and the provision of specialized services. ... Europe's economic modernization began with a marked improvement in agricultural output in the 17th century, particularly in England.Japan's Postwar Miracle
The devastated Japanese economy rose quickly from the ashes of World War II. By 1956, real per capita GDP had overtaken the prewar 1940 level. During the recovery period (1945–56), per capita GDP rose at an average annual rate of 7.1%. Recovery was followed by the era of rapid growth era.
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