Colbert believed that in trying to prevent wealth from leaving the country, he tried to make France self-sufficient
Answer:
See the explanation below.
Explanation:
Great depression was started in 1929 and it's negative effect lasted till the beginning of 2nd World War. During this period global GDP fell by around 15 percent. It's intensity can be estimated from the fact that during Great recession of 2008-2009 the global GDP fell by around 1 percent only. Great depression was marked by steep in the industrial production and price deflation.
Major causes for the Great depression of 1929:
- Fall of stock market led to loss of confidence in economy which hence reduced the investment and spending.
- Banking panic caused many banks to fail which in result reduced money supply.
- Imposition of steep tariffs on industrial and agricultural caused global trade to shrink.
Result of Great depression was that around 20 percent banks failed by 1933, unemployment rate reached more than 25 percent, Industrial production declined to around 50 percent and GDP fell near to 30 percent.
Recovery of United States economy was majorly led by government spending on social welfare program along with currency devaluation and spending during the 2nd World War.
I hope this will help.
<span>No, it wasn't. For the most part of the nineteenth century, more and more people commuted on rails as opposed to steamboat i.e water. The effect of the locomotive cannot be over emphasized. Try to envision the nineteenth century without the smoke-belching engines along endless expanses of iron track. The locomotive was the driving force behind America’s western expansion, and it played a major role in the Civil. It would be impossible to visualize the nineteenth century without the locomotive.</span>
Answer:
In the United States, a political action committee (PAC) is a 527 organization that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation.
Hope this helped!! Have a great day!! :))
Explanation:
Answer:
C) By buying from catalogs
Explanation:
Many people in rural areas used catalogs that they received by mail to buy things. Perhaps the most famous of these catalogs was the Sears Catalog.
In a way, Sears was like the Amazon of the past: they sent you the catalog, you order things from it, and received them days or weeks later. Even houses could be ordered from the Sears catalog, but they had to be assembled by the customer.
