The correct answer is C. There were not many banks to finance businesses.
In 1860 the South was still predominantly agricultural, highly dependent upon the sale of staples to a world market. By 1815, cotton was the most valuable export in the United States, by 1840 it was worth more than all other exports combined. But while the southern states produced 2/3 of the world’s supply of cotton, the South had little manufacturing capability, about 20% of the railroad tracks, but only 13% of the nation’s banks.
I think its
<span>Frightened depositors feared for their money and tried to withdraw it from their banks.</span>
Answer:
no its not
Explanation:
most people came here for answers so it's hard to find others eith the answers. So most wont be here helping others but here to find help instead
Answer:
The Truman Doctrine can be considered part of the US policy of containment. This idea of containment developed after World War II, as the United States and Soviet Union emerged as global superpowers. These two countries had extremely different ideas on what type of political/economic system should be used. The US was in favor of capitalism and democracy while the Soviet Union favored a communist system. This communist system resulted in government control of the economy and resulted in the severe limitation of citizens rights in the Soviet Union.
The US wanted to contain the spread of communism due to their disapproval of the Soviet Union. One way they did this was through the Truman Doctrine. President Harry Truman described how failing to help countries that are in jeopardy of falling to communism would threaten individual freedoms/liberties on a global scale. To help in this process, Truman and the US Congress dedicated $400 million to Turkey and Greece as a way to stop the spread of communism to these countries. This money, made possible by the Truman Doctrine, would allow for economies of Turkey and Greece to be stabilized and reduced their chances of falling to communism.
Explanation:
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