The Great Recession that began in 2008 actually saw a larger decline of the stock market in the initial fall of stock prices. The Dow Jones Industrial average saw a loss of 54% of its value in a year and a half. In the first year and a half of the Great Depression that began in 1929, the stock market lost 45% of its value. The same thing was true on the worldwide stock market, that the losses in 2008-2009 were steeper than those in following the crash in 1929. Part of the reason for the quicker reaction of world markets in the 21st century version is how much more interconnected global markets had become.
But where the Recession of the early 2000s showed a steep initial decline, the economy also recovered more quickly than had happened during the Depression of the 1930s. In the 1930s, the stock market continued to drop, to eventually lose almost 90% of its prior value. The 54% drop in the market was the low point in 2009, and the market and economy began to stabilize and recover slowly from there. In the 1930s, things went from bad to worse and the pain was deeper, longer.
It is also known as a <span>surplus. </span>
Answer:
The second option and the last option is correct
Explanation:
-It connected New York City with the Great Lakes.
-It increased the amount of goods shipped in and out of the Northwest Territories
Answer:
Causes:
-Workforce laborers and servants were being exploit by landowners and were in debt
-The death rate was high, and the English servants who could get land would get land in poor quality, bad locations and controlled by Native Americans
-Governor William Berkeley was put by the British Crown to ensure that planters paid taxes but because of the corrupt system rich landowners often times avoided taxes and fees
How this was a conflict
The elite was threatened to the point that they decided to get more slaves instead of white servants
Consequences
Life losses and changes in policies
Answer: A Contribution is Something that Creates a Common Understanding and Helps Contribute to Society in Some Form.
Explanation:
History is like a puzzle, it helps create long term effects and short term effects that can help solve the puzzle. An artifact, a revolutionary scientific experiment, or a discovery, etc, can be a contribution to the past and the present. <em>It can both have long term and short term effects. It helps society understand more about the past and how that something may have helped the past.</em> Let's say that there was an ancient civilization, there wasn't much evidence that this civilization lived. Let's say hypothetically, a research team found an important discovery like a child's toy that shaped history and created a domino-like effect as to why that civilization impacted our culture/community today. The toy helped create entertainment for civilization. The toy from that civilization helps us understand and think about when/where the civilization could have lived, were they an advanced civilization, did they have their own society or tribe, were they advanced enough to understand the concepts of entertainment and fun? That's the kind of thing that makes something a contribution. Discoveries can also provide evidence of something like cold cases. Let's say we found out who/what exposed Anne Frank's family, that would impact the past and the present. That would be a major contribution because it would be the solution to a decades-long mystery and it would help bring justice to the family. Another example, what if scientists found in an alternate planet where an advanced society lived? Like Homo-Sapiens lived, that would impact both past and present due to the formation of the planet and if it provides answers to how our planet formed. It would also be an important discovery for future research. <em>Much of history is a contribution to the past and the present. *This might be my understanding*</em>
