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There was inflation after the First Bank of the United States closed because the United States after fighting the war of 1812 found itself in a huge debts which leads to them struggling with increase in prices and devalued money from rising inflation
The problem was resolved by creating the second bank of the United States in 1816. One of the major reason for its creation was to help the national treasury out of its unpleasant financial situation and also to regulate the currency.
Yes, it is true that the most prominent member of the dynasty was Peter the Great, since he played a fundamental role in transforming Russia from a "backwards" state into a more modern state that could compete with Europe. <span />
<em>What was the significance of the peasants revolt?</em>
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The Peasants Revolt 1381. The Peasants Revolt of 1381 was the first popular uprising in England. The peasants were objecting to high taxation and demanding payment of wages in money. They marched on London, but were fooled by the King, and their leader, Wat Tyler, murdered.
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In it, he invoked the principles of human equality contained in the Declaration of Independence and connected the sacrifices of the Civil War with the desire for “a new birth of freedom,” as well as the all-important preservation of the Union created in 1776 and its ideal of self-government
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