Tenement apartments at the beginning of the 20th century were multi-dwelling residential buildings in which the tenants resided and payed a rent to the owner of the apartment. Individual tenants could use the common areas of the house, which included entrance halls and corridors with stairs or lift, cellars, laundries, soils, dryers or backyards and the garden.
In 1781 the coin shilling was worth 75 times more than a paper shilling, because of that, all debts should be paid with coin and not paper. Farmers were especially moved by that and many of them had to sell their farms to get money and pay debts. With that, Daniel Shay - a former captain in the continental army - led an army of farmers in a revolt that was called Shay’s Rebellion. They demanded tax relief and a moratorium on debt collection. In the end, the rebellion was put down but it pushed the federal government to provide economic relief.
<span>three most severe downturns in the United States economy since the 1920s were:
- The depression of 1921, happened because we receive a blowback for all the money we spent on world war I
- The Great Depression of 1929-1933 , happened because our investment to expand our business to all over the world
- The Great Recession of 2007, happen because of the mortgage crisis, causing Global financial crisis</span>
It was a final action leading to the US declaration of war
