It is the excessive use of credit. The shares trading system crash of 1929 touched off a chain of occasions that dove the United States into its longest, most profound monetary emergency in its history. It is awfully shortsighted to see money markets crash as the single reason for the Great Depression. A solid economy can recuperate from such a compression.
Answer:
He called the people he found on the island "Indians" because he thought he had reached the Indian Ocean.
Explanation:
When Columbus was travelling, he initially meant to go through the Indian Ocean and to the Indies, and when he landed, he thought he was in the Indies. So, he named everyone there "Indians", even though he was definitely not in the Indies.
