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kirza4 [7]
3 years ago
5

What did Czar Nicholas II promise in his October Manifesto?

History
2 answers:
ASHA 777 [7]3 years ago
7 0
He promise to guarantee civil liberties, to establish a broad franchise,and to create a legislative body.
goblinko [34]3 years ago
6 0
Nicholas<span> issued the </span>October Manifesto<span>, that </span>promised<span> to guarante civil liberties.</span>
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Risky loans were given to people mainly when they wanted to buy a house, because mortgage brokers sold the risky mortgages with the good mortageges to investors and banks, and because the house market was rising everybody was making money, but the bubble broke out because families were not able to pay their mortgages because of the interest rates and as more credit was given the house prices started to fall, so there was a huge debt and no one to pay for it.

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