Generally speaking, both the Enlightenment and American Revolution changed the way people viewed their relationship to their rulers in that they began to question the ultimate power and supremacy of a monarch, simply because he or she was born into the position.
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A common practice was to pay ridicilously small wages to workers themselves and pay even less to children and women who were working at factories. Another thing that was done was to either import foreign workers who would have to work for even less, or to move production to companies overseas where they would set up a distribution and where workers themselves would also have to work for very small amounts of money. This increased their profit margins.
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Black Tuesday hits Wall Street as investors trade 16,410,030 shares on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors, and stock tickers ran hours behind because the machinery could not handle the tremendous volume of trading.
