Answer: The Tang dynasty is famous for its territorial expansion, its great cities and palaces, its flourishing foreign trade, its art, literature, and religious life, and for the luxurious lives of its aristocrats. The dynasty fell when Zhu Wen, a military governor, deposed the last emperor of Tang, Emperor Ai of Tang, and took the throne for himself.
The Song dynasty brought the Age of Invention on china through the implementation of printing, paper money, porcelain, tea, restaurants, gunpowder, and the compass. During this dynasty, china was the most advanced ancient civilization in the world. It eventually collapsed when it was conquered by the mongol barbarians.
In general it was the "slum dwellers" and the "immigrants" who did not share in the prosperity of the late 1800s, since these people were paid very low wages and treated poorly.
This is true. The British army was much larger and much more developed, but the colonial army managed to win by winning the support of the people and of foreigners. They were helped by British enemies such as France who was willing to give not only weapons and money, but also its navy and its generals with their war expertise.
Answer:
The beginning of the Great Depression in the United States is considered to be August 1929, when the industrial production index reached its peak. At that time, money was tightly tied to gold reserves, which limited the money supply. At the same time, production grew. At the turn of the century, new types of goods such as cars, planes, radios appeared. The number of goods in mass and by assortment has increased many times. As a result of the limited money supply and the growth of the commodity supply, strong deflation arose - a fall in prices, which caused financial instability, the bankruptcy of many enterprises, and loan defaults. A powerful multiplier effect has hit even growing industries.
From the standpoint of monetarism, the US Federal Reserve monetary policy triggered the crisis. A sharp decline in money supply by one third between August 1929 and March 1933 was a huge brake on the economy, and was the result of the incompetence of the Fed leadership.
This period was characterized, on the one hand, by very powerful technical changes, and on the other, by the abundance of capital, which allowed both updating capital and expanding stock exchange operations, as a result of which the speculative “bubble” increased.
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