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Gennadij [26K]
3 years ago
12

What is the difference between a bull and bear market

Social Studies
2 answers:
Verizon [17]3 years ago
7 0

Bull is when everyone is buying and the market is going up.

Bear is when everyone is holding or selling and the market going down or has remained steady for a long time

Phantasy [73]3 years ago
5 0
I’m a bear market more people want to sell than buy. In a bull market more people want to buy than sell.
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Washington wins the Battle of Princeton (1/3)

After crossing the Delaware on December 25, 1776, George Washington embarked on a ten day campaign that would change the course of the war. Culminating at the Battle of Princeton on January 3, 1777, Washington snatched victory from the jaws of defeat and proved his amateur army could defeat the British.

The Battle of Princeton was a classic meeting engagement, both sides stumbled into one another, and neither expected to fight on the ground where the battle raged. Initially, the British commander Charles Mawhood, marched his force south towards Trenton to meet the main British army, when he spotted the American column. Washington had stolen a march on Charles Lord Cornwallis, slipping away from the British forces along Assunpink Creek the night before.

When the American's spotted British troopers around William Clarke's farm, Washington detached Hugh Mercer's brigade to investigate. Mercer ran headlong into the 17th Foot, firmly stationed behind a fence at the end of Clarke's orchard. In the ensuing volleys, Mercer was wounded and his men routed by a bayonet charge. With the outnumbered British on the verge of splitting his army, Washington quickly detached John Cadwalader's Philadelphia Associatiors to plug the gap. These green troops fought valiantly, but were also broken by British bayonets.

With the battle, and the war, hanging in the balance, Washington personally led fresh troops onto the field while grapeshot and canister from Joseph Moulder's artillery battery forced the British back towards William Clarke's farmhouse. Washington's counterattack broke the British line, which quickly turned into a rout.  

Further towards town, two smaller engagements at Frog Hollow and on the grounds of the College of New Jersey (now Princeton University), also resulted in British retreat. Washington had won a great victory, defeating an inferior force of British regulars, but Colonel Mawhood was also praised for delaying the American's long enough to rescue most of his supplies.

Washington winters in Morristown, NJ (1/6-5/28)

General George Washington’s army settles into a second season at Morristown, New Jersey, on December 1, 1779. Washington’s personal circumstances improved dramatically as he moved into the Ford Mansion and was able to conduct his military business in the style of a proper 18th-century gentleman. However, the worst winter of the 1700s coupled with the collapse of the colonial economy ensured misery for Washington’s underfed, poorly clothed and unpaid troops as they struggled for the next two months to construct their 1,000-plus “log-house city” from 600 acres of New Jersey woodland.

Life was similarly bleak for the war-weary civilian population. With an economy weakened by war, household income declined 40 percent. Farmers faced raids from the British and their Indian allies. Merchants lost foreign trade. Even a great victory, such as the capture of British General John Burgoyne’s army in October 1777, led to 7,800 more mouths to feed. As in 1776, the troops were eager to go home and many did. Although enlistment papers showed 16,000 men in Washington’s ranks, only 3,600 men stood ready to accept his commands. Even those remaining were unable to sustain combat since they lacked sufficient horses to move their artillery. With their currency rendered worthless, the army relied upon requisitions from farmers to supply themselves. Military-civilian relations strained under demands on farmers and shopkeepers to sell at a loss and because of the now-professional army’s disdain for civilians. Without paper money, Congress could not pay the army. Without fair pay, farmers stopped planting. By spring, the Continental Army stood at risk of dissolution.

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