In 1849 gold was discover in California so everyone migrated there. This transformed the landscape and population of California.
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Decreasing the money supply will cause the economy to contract. A fiscal policy is a vehicle that the government uses to adjust its income and expenditure levels. A government generates income by imposing taxes on its citizens. The levels of spending influence the nation's economy. Government spending affects most economic sectors in a country. <span>If there is lots of money to spend, the country's economy will expand, and vice versa. Prudent government spending is critical to a country's economy</span>
The Stock Market crash in 1929, that began the Great Depression. On October 29, 1929, Black Tuesday hit Wall Street as investors traded 16 million shares on the New York Stock Exchange in a single day. The aftermath of The Stock Market crash (Black Tuesday), America and the rest of the world spiraled down into the Great Depression (1929-39), this was the deepest, and the longest-lasting economic turn in the history of the Western world up to that time.
