Banks failed in the 1930's because when the stock market crashed in 1929, they had lost thousands of dollars. You see, the banks had invested their customer's money in the stock market and lost it all when it crashed. Then, people came looking for their money to pay off their own debt, but the banks couldn't because they themselves did not have any money. So banks often suffered because they were in debt.
Southerners show interests in central america and Caribbean in 1850s in order to increase the expansion of slavery in those parts.
Explanation:
During 1850, it was a boom period of the southern states because the concept of manifest destiny echoed in all parts and southern states were dreaming to expand its boundaries of slave labor into Central America and Caribbean. Southern states were mostly considered to be agrarian economy and many people were slave labors who earned their livelihood. They were planters and miners who worked in plantations.
As the northerners were developing and many industries were set established in union states, it resulted in migration of people in search of greener pastures and their dream of slavery expansion started to fade away.
Answer:
Explanation:
Gorbachev’s loosening of governmental power created a domino effect in which Eastern European alliances began to crumble, inspiring countries such as Estonia, Lithuania and Latvia to declare their independence. The Berlin Wall fell on November 9, 1989, leading East and West Germany to officially reunite within a year, ending the Cold War. Once the Berlin Wall fell, citizens in Eastern European countries such as Czechoslovakia, Bulgaria and Romania staged protests against their pro-Soviet governments, hastening the collapse of communist regimes across the former Soviet bloc. Other countries—such as the Republic of Belarus, the Russian Federation and Ukraine—followed suit, creating the Commonwealth of Independent States. By the end of 1989, eight of the nine remaining republics had declared independence from Moscow, and the powerful Soviet Union was finally undone. By the summer of 1990, all the formerly communist Eastern European officials had been replaced by democratically elected governments, setting the stage for the region’s reintegration into Western economic and political spheres.
The dismantling of the Soviet Union had many long-lasting effects on the global economy and the region’s foreign trade. Its downfall increased the United States’ influence as a global power and created an opportunity for corruption and crime in Russia. It also prompted many cultural changes and social upheavals in former Soviet nations and smaller neighboring communist countries. Between 1989 and 1991, the gross national product in Soviet countries fell by 20 percent, ushering in a period of complete economic breakdown.
The answer to this would be B). B states that 15% of undergraduates come from other countries, which supports the statement that “People of all nationalities reside in this thriving community.
