In chronological order from the oldest to the newest the major developments in ancient Egypt ocurred like this:
1. the settlement of the Neolithic farmers 8000 BC
2. Tiles 5300 BC
3. the building of the Step Pyramid 3700 BC
4. the unification of Upper Egypt and Lower Egypt 3100 BC
5. the building of the Great Pyramid of Giza 2580 BC
6. the rise in the belief of life after death 1550 – 1070 BC
For the problem it would have to be b I am pretty Shute
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.
The Great Depression was caused by several different factors including buying on margin and the Stock Market Crash of 1929. These two events are tied together, as many American citizens bought stocks on margin. In this case, a person would pay 10% down on the price of a stock and then would borrow the other 90% from a bank. During the 1920's, this did not seem like a bad idea. This is due to the fact that stocks were quite consistently increasing in price. However, when the Stock Market Crash late in 1929, millions of Americans lost their life savings because they invested too much in stocks. Due to the stock market crash, banks were shut down, millions of citizens became homeless, and the unemployment rate reached nearly 20%.
Herbert Hoover's policies were considered quite ineffective, as he very rarely used the power of the federal government to interfer in the ecnomy. This is why the shanty towns developed during this time were called "Hoovervilles." Franklin D. Roosevelt's policies were more effective than Hoover's, as he implemented his New Deal policies. This resulted in the creation of federal agencies that helped to employ thousands of Americans as well as creating agencies that regulated the American economy to ensure that another economic collapse did not take place.
