The location least affected by piracy would be the Gulf of Aden
Answer: Enrichment at the expense of the submissive
Explanation:
The absolute underdevelopment of African countries will result in the colonization of the continent by European invaders during the eighteenth and nineteenth centuries. Areas rich in natural and mineral resources will become easy prey to the colonizing powers of Europe.
The economic progress of the European conquerors will rely entirely on the exploitation of non-native countries. Luxury items such as diamonds, spices, cotton and more will overwhelm the market, and all capital from the sale and exploitation will go into the pockets of the colonizer. Some governments have gained enormous wealth thanks to the colonial conquests of the African continent
Military leaders revolted, hoping to establish as fascist government i know this is late but here to help anyone else needing it
Great Depression was mostly experienced by most of the countries in the period of 1930. It had demoralizing effects on the economy by dropping levels of the Gross Domestic Product. The personal income, tax revenue had hit the lowest level in the nation.
Giving Over extension of loans by the banks in order to cope the depression was the erroneous federal policy at the time of depression. It also resulted in various other impacts such as people were unable to pay off the loans. This financial disruption made the banks to close.
This led to stocking of money by the people that resulted in the stagnation of the money flow and the loss of confidence to lend and borrow money. This also reduced the value of money causing disequilibrium in the economy.
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