Many colonies were established by people who were exiled because of their religious beliefs. A group known as the Puritans wanted to reform the Church of England. In the early 1600s, the Puritans were respected professionals who were influential in England.
Answer:
The stock market crashed
Explanation:
A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market, resulting in a significant loss of paper wealth, which made many poor.