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.
Answer:Use special effects and animations only if they don’t draw attention away from your main points
Explanation:special effect and animations are practical or visually ways of simulating your speech however they may tend to be distructive because audience may tend to focus more on these effects and no longer pay attention to your speech.it is always advisable to choose them wisely and choose an appropriate moment to display them.
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"We face the very real threat of a withering pandemic
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Answer: New England has rocky soil which was ill-suited for plantation farming which was prevalent throughout the colonies.
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