Since the economy shrunk, business owners didn't have enough money to pay their workers, and since they didn't sell much, they didn't need workers. Since many people didn't have a job because of the layoffs, they didn't have money to go buy things. It became a cycle.
The same can be said regarding domestic goods; they made fine luxury ... The first traders to sail down the West African coast were the Portuguese in the 15th century. ... The nature of slavery in West Africa before Europeans ... invented the cotton gin which made the production of cotton more profitable.
a bond in the era of united states history is a certificate that promises to repay borrowed money in future plus and aditional amount of money called interest
