Esperanza grows and matures in several ways. At the beginning of the novel, she is a wealthy girl without a trouble in the world and is largely ignorant to the problems of people around her. She is forced to leave behind everything she knows and overnight, goes from a carefree young girl to a desperate migrant worker.
The Federal Reserve System was basically set up to stabilize prices and price hikes. As an individual who was working at that time and I earned a certain amount but 2 years later dairy prices increased for example 5%, and wages stayed the same, that would cause me to get scared and fearful of other price hikes and the interest I was earning on the money in my bank didn’t change or possibly went down and I started to loose money I would panic and go grab my cash thus creating a run on the banks and an unstable banking system, economic growth is pressured so widespread panic happened and I believe a few times and of course caused banks to close and fail or come close in the early 20th century, before the Fed was created and signed under Woodrow Wilson who himself was an isolationist. Stability is key! Also USA relied on banks that would invest cash on our own country bonds. Where was the steady supply of cash? There was none. Causing the economy to fail. Basically the Fed was a system of failing banks that were tied together being bailed out by Wallstreet financiers working with the Government and Secretary of treasury came up with plans and similar agreements arose with similar failing banks but not insolvent banks or trusts agreeing to insure even its weaker banks/members. It stretched across the country governed by a national board of directors who set interest rates and controlled credit. It also as it evolved had the ability to regulate and supervise banking activities. Also the Fed would make sure that banks could keep up with changes in the demand for currency. To make sure commercial paper was available and lend if needed. Believe me it gets to confusing for me beyond this but these are the basic facts I am aware of. Even the issuing of paper money based on???
Answer:
when tje stock market crashed during the great depression people had it rough. getting food was the hardest you could do. people were starving and dying everywhere. kids were getting sick and dying. people couldn't do anything but jope
answer : foreign infectious deceases, like small pox
Explanation:
to quote some artical i found when looking uo a proper answer to this, "By far the most drastic upheavals were caused by invisible invaders, the foreign bacteria introduced from the Old World. Native populations cut off from Europe, Africa, and Asia for millennia were utterly without immunity to smallpox, measles, and other ailments the newcomers unwittingly brought across the seas. "
Answer:
They were called the intolerable acts
Explanation:
because of their tremendous negative impact on the colonies.
