The correct answer to this open question is the following.
Why was credit from American bankers so essential to all the European powers?
Credit from American bankers was so essential to all the European powers because that credit allowed European investors, businessmen, and governments to have money and used to support or improve the economic conditions of Europe. Part of that credit was still used to the recovery from World War I effects.
What happened when that credit was suddenly cut after the stock market crash in 1929 was that countries suffered because a crisis started as a consequence of the Great Depression in the United States.
Let's have in mind that countries had invested in many war bonds during World War I.
When the United States stock market crashed on October 29, 1929, this event represented the beginning of the Greta Depression, which not only affected the United States but European nations too.
It was one of the worst economic moments in the history of the world. Millions of people lost their jobs, many companies had to close, and banks went into bankruptcy. European countries were in debt due to the many expenditures during the war and the poverty and destruction that remained after it.
Answer:
Issue of Congo have defined below in the explanation.
Explanation:
The Belgian Congo gained independence on June 30, 1960, under the name of the Republic of Congo. Conflict over the management of territories known as the Congo crisis. Nationality happened in 1958 when more elites began to interact with others outside their boundaries and began discussing the Congolese state's future post-colonial planning. However, most political mobilization took place along ethnic and regional divisions. Hostile to immigrants, he advocated provincial autonomy and close relations with Belgium. Much of its support is rooted in individual leaders, entrepreneurs, and European settlers in southern Katanga. It was opposed by the Jason Sendwe Association, Générale des Baluba du Katanga.
Answer:
Low credit score
Explanation:
Credit score becomes low when you make late payments.