Answer:
Explanation:
A surplus describes the amount of an asset or resource that exceeds the portion that's actively utilized. A surplus can refer to a host of different items, including income, profits, capital, and goods. In the context of inventories, a surplus describes products that remain sitting on store shelves, unpurchased. In budgetary contexts, a surplus occurs when income earned exceeds expenses paid. A budget surplus can also occur within governments when there's leftover tax revenue after all governmental programs are fully financed.
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Stock Market Crash of 1929
Workers flood the streets in a panic following the Black Tuesday stock market crash on Wall Street, New York City, 1929
Hulton Archive/Archive Photos/Getty Images
Remembered today as "Black Tuesday," the stock market crash of October 29, 1929, was neither the sole cause of the Great Depression nor the first crash that month. The market, which had reached record highs that very summer, had begun to decline in September.
On Thursday, October 24, the market plunged at the opening bell, causing a panic. Though investors managed to halt the slide, just five days later on "Black Tuesday" the market crashed, losing 12 percent of its value and wiping out $14 billion of investments. Two months later, stockholders had lost more than $40 billion dollars. Even though the stock market regained some of its losses by the end of 1930, the economy was devastated. America truly entered what is called the Great Depression.
The Bill of Rights was presented by the Parliament to William III and Mary II.
Northern places like Canada were colonized by France. The mid part was at first colonized by the Dutch but then the colonies were taken by the British. The central American part, including South America and the Carribean was mostly controlled by the Spanish. Portugal had control of Brazil while Russians started slowly moving towards Alaska but couldn't establish colonies until the 18th century.
The resources that were traded on the Trans-Saharan trade were salt, slaves, and religion. The West African countries were trading their gold for salt. The slaves were sent North and served as slaves or slave concubines. Islam was spread through the use of the Trans-Saharan trade route.
