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Elanso [62]
3 years ago
10

Some European nations have experienced a debt crisis. What caused this crisis?

History
2 answers:
Mnenie [13.5K]3 years ago
6 0

Answer:

During times of economic prosperity, some nations borrowed more money than they can pay back now in times of economic hardship.

Explanation:

In the 2000s, Europe went through a financial crisis that was mainly due to fiscal problems. In periods of bonanza, before the crisis, some countries, among them Portugal, Ireland, Italy, Greece and Spain, spent more money than they were able to collect with taxes. To finance themselves, these countries started to accumulate debts. This caused a serious crisis in the Eurozone, which was almost extinct. A recovery program of austere nature was implemented with the International Monetary Fund, causing many conflicts between the population and the Government, mainly in Greece. At present the situation is better, but Europe has not yet fully recovered, embittering low economic growth rates.

SSSSS [86.1K]3 years ago
5 0

The correct answer is D) During times of economic prosperity, some nations borrowed more money than they can pay back now in times of economic hardship.

Some European nations have experienced a debt crisis. The cause of the crisis was that during times of economic prosperity, some nations borrowed more money than they can pay back now in times of economic hardship.

Some European governments thought that borrowing money was the best solution to the problems they have at the moment. But the problem was not to borrow but to pay the debt and interests. That was the case of European countries such as Greece or Spain, which caused severe problems in their countries and instability in European markets to the degree that the European Union. led by Germany, had to take action.

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3 years ago
Which statement is a reason supporting the thesis that George Washingto Washington stepped down after his second term and retire
quester [9]

Answer:

Explanation:

George Washington was born on February 22, 1732 in northern Virginia. He was the son of Augustine and Mary Ball Washington. His father died in 1743, leaving Washington with little inheritance. His hopes for school dashed, Washington found work surveying and took several journeys to the frontier where he developed an interest in the West. In 1752 George's half-brother Lawrence died, and Lawrence's estate at Mount Vernon went to George. Washington also was appointed an officer in the Virginia militia the same year. In 1754 he led a diplomatic mission to evict the French from the Ohio River Valley but created an international incident when he killed a French soldier and was later defeated. He returned in 1755 with British General Edward Braddock to evict the French but failed as Braddock's army lost. The British finally secured the valley in 1758.

After, Washington resigned from the militia and concentrated on working his plantation. He married Martha Dandridge Custis in 1759, joined the Virginia House of Burgesses, and promoted a scheme to build a canal between the Ohio and Potomac Rivers. He also experimented with different crops and growing techniques on his land. When the colonies began to protest British laws in the 1760s, Washington was a leader of the movement in Virginia to boycott British goods. In 1774, he attended a meeting in Fairfax County where the delegates resolved to use force against Britain if it would not listen to American complaints. He then attended the First Continental Congress in Philadelphia. By the time of the Second Continental Congress in 1775, the Revolutionary War had begun. The delegates decided to raise an army to fight Britain. Washington was elected to lead it.

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Washington traveled to Cambridge, Massachusetts to take command of the army. It consisted only of several thousand poorly trained militia members. Washington trained the army and succeeded in driving the British out of Boston, which they had occupied. He then led the army south to New York, where he met the British at Long Island. This battle was disastrous and forced Washington to retreat through New York and into New Jersey. With winter coming, his supplies low, and his troops eager to go home, Washington was on the verge of losing the war. Then he struck the British by surprise, capturing the Hessian mercenaries at the Battle of Trenton. He eventually retook most of New Jersey. The following summer he lost the Battles of Brandywine and Germantown but proved that the American army could withstand the British. He fended off an attempt by members of Congress to have him fired, then camped with his army for the winter at Valley Forge, where his men suffered greatly from cold and hunger.

In the spring of 1778 France agreed to join the war on America's side. Washington led his troops against the British at the Battle of Monmouth Courthouse, which was a stalemate. In 1780 a French army arrived under the command of the Comte de Rochambeau, Washington and de Rochambeau gave up plans to attack New York and marched instead to Yorktown, Virginia, where they defeated the British army with the help of France's navy. This spectacular victory effectively ended the Revolution. Washington remained in command until a formal agreement to end the war was reached; in the meantime he tried to keep his restless soldiers from overthrowing Congress. In December of 1783, he resigned his command of the army, an act of selflessness that amazed the entire world.

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Which type of artwork was most made famous by the Romans? mosaics impressionism collage weaving
tatuchka [14]
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Answer:

had to surrender territories, minimize their army, and forced to pay a large sum of money to the allied powers. this all lead to the second world war.

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