The Panic of 1837 was a financial crisis in the United States that touched off a major recession that lasted until the mid-1840s. Profits, prices, and wages went down while unemployment went up. Pessimism abounded during the time. The panic had both domestic and foreign origins. Speculative lending practices in western states, a sharp decline in cotton prices, a collapsing land bubble, international specie flows, and restrictive lending policies in Great Britain were all to blame. On May 10, 1837, banks in New York City suspended specie payments, meaning that they would no longer redeem commercial paper in specie at full face value. Despite a brief recovery in 1838, the recession persisted for approximately seven years. Banks collapsed, businesses failed, prices declined, and thousands of workers lost their jobs. Unemployment may have been as high as 25% in some locales. The years 1837 to 1844 were, generally speaking, years of deflation in wages and prices. Hope this helps.
The americans ended up getting new territories and we paid mexico for the territories and dont forget california was one of the territories and the California gold rush was huge to us
Answer:
A. High-content culture
Explanation:
People who come from High-content culture tend to put a lot of emphasize on gestures, expression, and body language in their communication rather than relying only on verbal message.
By observing gestures, expression, and body language sometimes we can identify the true intention of other individuals even if it contradicts the verbal communication that they make. Western European and North American societies are examples of high content culture.
Answer:
It is a process by which greenhouse gases allow the sun’s light to penetrate the atmosphere but stop the heat from escaping.
Explanation:
a green house is a house made purely of glass a transparent material within which the conditions for plant growth such as temperature and humidity can be controlled. this when the temperature is set to a particular degree it remains same untill regulated as there's no where for heat to escape.
the green house effect therefore implies the fact that gases are forming a barrier around the earth that prevents the heat from the sun and other sources from escaping. A similar effect in a green house.
