The definition of monarchy is a form of government with a monarch at the head. So this usually means someone of royal decent is ruling it.
The British colonization of the Americas (including colonization by both the English and the Scots) began in 1607 in Jamestown, Virginia, and reached its peak when colonies had been established throughout the Americas. The English, and later the British, were among the most important colonizers of the Americas, and their American empire came to rival the Spanish American colonies in military and economic might.
Three types of colonies were established in the English overseas possessions in America of the 17th century and continued into the British Empire at the height of its power in the 17th century. These were charter colonies, proprietary colonies, and royal colonies. A group of 13 British American colonies collectively broke from the British Empire in the 1770s through a successful revolution, establishing the modern United States. After the end of the Napoleonic Wars (1803–15), the remaining British territories in North America were slowly granted more responsible government. In 1838 the Durham Report recommended full responsible government for Canada, but this was not fully implemented for another decade. Eventually, with the Confederation of Canada, the Canadian colonies were granted significant autonomy and became a self-governing Dominion in 1867. Other colonies in the Americas followed at a much slower pace. In this way, two countries in North America, ten in the Caribbean, and one in South America have received their independence from Great Britain or the later United Kingdom. All of these, except the United States, are members of the Commonwealth of Nations and nine are Commonwealth realms. The eight current British overseas territories in the Americas have varying degrees of self-government.
When Great Britain raised tariffs, this was unwise because "<span>Higher tariffs discouraged foreign trade" since all imported goods faced a tax before they could go to market.</span>
I'll review each statement and explain why it is true or false.
1. FALSE. The Roosevelt Corollary was issued in response to the Venezuela Crisis of 1902-1903.
2. TRUE. It added to the Monroe Doctrine, created in 1823 with the purpose of opposing European colonialism in North and South America.
3. TRUE. The US was allowed to intervene indebted Latin American countries such as Dominican Republic and order the customs house to be given to the US negotiators as a means to pay. This was known as the "Dollar Diplomacy".
4. FALSE. The Roosevelt Corollary was a manifestation of the "Big Stick Diplomacy" in Latin America.
5. TRUE. According to the corollary, the US was to intervene as a means to defend Latin America from the Europeans.
6. TRUE. Britain, Germany and Italy imposed a naval blockade as Venezuelan President Cipriano Castro refused to pay debts and damages suffered by Europeans citizen in the Venezuelan Civil War.
Answer:
the banks shut down
Explanation:
So the people that had money in the bank went poor