He established C. Judicial Review
The correct answer to this open question is the following.
Why was credit from American bankers so essential to all the European powers?
Credit from American bankers was so essential to all the European powers because that credit allowed European investors, businessmen, and governments to have money and used to support or improve the economic conditions of Europe. Part of that credit was still used to the recovery from World War I effects.
What happened when that credit was suddenly cut after the stock market crash in 1929 was that countries suffered because a crisis started as a consequence of the Great Depression in the United States.
Let's have in mind that countries had invested in many war bonds during World War I.
When the United States stock market crashed on October 29, 1929, this event represented the beginning of the Greta Depression, which not only affected the United States but European nations too.
It was one of the worst economic moments in the history of the world. Millions of people lost their jobs, many companies had to close, and banks went into bankruptcy. European countries were in debt due to the many expenditures during the war and the poverty and destruction that remained after it.
Answer:
Private property refers to a kind of system that allocates particular objects like pieces of land to particular individuals to use and manage as they please, to the exclusion of others and to the exclusion of any detailed control by society. In legal terms it's usually a designation for the ownership of property by non-governmental legal entities. Private property is distinguishable from public property, which is owned by a state entity; and from collective (or cooperative) property, which is owned by a group of non-governmental entities Certain political philosophies like socialism and anarchism make a clear distinction between private and personal property while others blend the two together. Private property is a legal concept defined and enforced by a country's political system
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