Answer:
Many people took out risky loans that could only be repaid if stock prices continued to rise. Germany printed more paper money to pay wartime reparations, which led to hyperinflation.
Answer:
Ronald Reagan's 1980 presidential campaign was a successful campaign for Reagan and his running mate George H. W. Bush's election and president and vice president of the United States. They defeated the incumbent Democratic President Jimmy Carter and Vice President Walter Mondale. Reagan, a Republican and former Governor of California announced his third presidential bid in a nationally televised speech from New York City. He campaigned extensively for the primaries after losing the Iowa caucus to Bush. In a republican debate in Nashua before the New Hampshire primary, when the moderator requested his microphone to be turned off, he furiously replied "I am paying for this microphone, Mr. Breen!". In the end, he won 44 states and 59.8% of the vote. He initially decided to nominate former President Gerald Ford as his running mate, but Ford wanted to be given such extended power as vice president (especially over the foreign policy) that their ticket would effectively amount to "co-presidency". As a result, negotiations to form a Reagan-Ford ticket ceased. Bush then selected former CIA director and George H. W. Bush as the vice presidential nominee.
Explanation:
<span>Had no power of taxation remained with the states. However, Congress had the power to maintain military forces, declare war, coin currency, handle Indian affairs and create a postal service.</span>
King Ferdinand and Queen Isabella paid for Columbus's voyage.
