The main outcome of the North Atlantic treaty was that all members agreed to treat an attack on one as an attack on all. The correct option in regards to the given question is option "D". The North Atlantic Treaty Organization was created in the year 1949 by the United States of America, Britain and several other Western European nations. The main reason for this kind of treaty was that the countries were fearful of an attack by the Soviets. This treaty made it clear that every member country would jump to protect one another whenever attacked by any other country from outside the members.
The author included the information about 1920 and 1925 because that was the time the U.S economy expanded rapidly, The Roaring Twenties. Until 1925 there wasn’t legal requirement to separate the operations of commercial and investment banks, the investment banking was consisted of <em>JP Morgan & Co, Kuhn, Loeb & Co, Brown Brothers and Kindder, Peabody & Co</em>. Their funds could be used to fund the underwriting business of the investment baking side.
In 1929 everyone was putting their savings into stocks, not only the wealth part but the poor part too and because of that the stock market reached the peak in August 1929. But than the production declined causing unemployment and with that the stock prices were much higher than their actual value. The economy was struggling, the debt was rising and the banks had and excess of large loans that couldn’t be liquidated.
In the 1930s over 9,000 banks failed because people didn’t trusted them to put their saving. The Great Depression the official unemployment rate was 25% and the stock marked declined 75% since 1929. But in 1933 now with Rooselvet’s administration he took immediate action about the economic woes first announcing that all banks would close, Bank Holiday. The Congress would pass reform legislation and reopen the banks. In “<em>first 100 days</em>” Roosevelt’s administration stabilized the industrial and agricultural production and created jobs and also created the Federal Deposit Insurance Corporation (FDIC) to protect depositors’ accounts and the Securities and Exchange Commission (SEC) to regulate the stock market and prevent what happened in 1929.
The big change between the crises in the 20s and 30s were all about who was in charge, President Hebert Hoover didn’t take much lead about the crises but Roosevelt did.
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what do you mean by this question
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Mayan Government. The Mayans developed a hierarchical government ruled by kings and priests. They lived in independent city-states consisting of rural communities and large urban ceremonial centers. There were no standing armies, but warfare played an important role in religion, power and prestige.
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<u><em>This is from the internet, this is not information which I wrote myself.</em></u>
