The globalization is a process that managed to connect most of the world in pretty much every sense of the world. That has its positives and negatives. Some of the positives are the lower prices of products and the increased job opportunities. Both of these things helped to improve the lives of the people around the world, especially the ones in the developing and less developed countries. By having an open global market, the companies from all over the world are competing against each other, so the prices of almost everything have dropped, which increased the buying power of the people. Also, by being able to open up facilities in other countries, the multinational companies opened up lot of new jobs for the people, providing them with steady income and thus more stable life from economic perspective.
Answer:
The First Bank of the US
Explanation:
It is true that "The First Bank of the United States" was created to handle the financial needs and provide stability for the economy of the newly formed United States.
This First Bank of the United States was established in 1791 and was set up to give credit or loan to the government and private individuals or businesses for internal developments and another economic advancement.
♡ The Question ♡
-How did stock market activity on October 29, 1929, contribute to the Great Depression?
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♡ The Answer ♡
-Stock prices dropped quickly and dramatically, leaving investors with less money to repay loans.
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♡ The Explanation/Step-By-Step ♡
-The stock market crash of October 1929 resulted in many loan defaults, contributing to the start of the Great Depression.
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♡ Tips ♡
-No tips provided!
Answer: The Boston massacre
Explanation:
