One direct economic consequences of depression was : unemployment. During depression, a lot of business go bankrupt because they cannot afford to pay off their debt. As more and more businesses go under, a lot of people started to lose their job and couldn't afford to support their family
Christopher Columbus was a villain because he killed and enslaved natives
Nation's credit. Fiat currency is a currency like the Dollar or Pound, where a government says it has value, it's not something that does actually have value like gold or silver. The value is determined based on the nation's credit.
Explanation:
Nevertheless, the Revolution had momentous consequences. ... It created the United States. It transformed a monarchical society, in which the colonists were subjects of the Crown, into a republic, in which they were citizens and participants in the political process.
Answer: A mixed economy consists of both private and government/state-owned entities that share control of owning, making, selling, and exchanging good in the country. Two examples of mixed economies are the U.S. and France.
