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 <span>sympathetic
nervous system was put into action. </span><span>This system prepares us for action . This
is the system that mediates the
hormonal stress response. The fighting and flight
behaviors are mediated by the sympathetic system. It increases the frequency of
heart beats, dilates the bronchi and pupils. Stimulates the adrenal glands The excessive
sweating or hyperhidrosis hands, arms or face is
associated with a hyper stimulation of the sympathetic system.</span>
Answer:
It provides them with a clear direction for all of them to direct their efforts towards the same objectives. Planning also reduces the risks of uncertainty. We are now living in a world that is more uncertain than before; a world where the environment in which we operate keep changing around us.
Explanation:
The sues canal was the cause of the tension in this case
The question is asking for a kind of theory or framework that assumes that increasing a contact within groups will diminish conflict or negative behaviour between the groups.
The answer is: contact hypothesis.
This hypothesis basically states that if people have contact with other people, they won't think about them as "the other" but will have an increased understanding and positive association with them.
