Great Depression was mostly experienced by most of the countries in the period of 1930. It had demoralizing effects on the economy by dropping levels of the Gross Domestic Product. The personal income, tax revenue had hit the lowest level in the nation.
Giving Over extension of loans by the banks in order to cope the depression was the erroneous federal policy at the time of depression. It also resulted in various other impacts such as people were unable to pay off the loans. This financial disruption made the banks to close.
This led to stocking of money by the people that resulted in the stagnation of the money flow and the loss of confidence to lend and borrow money. This also reduced the value of money causing disequilibrium in the economy.
Answer:
Andrew Jackson opposed the establishment of a national, federal bank and he would have opposed the McCulloch v. Maryland decision. Furthermore, he denied that the ruling prevented him from vetoing legislation extending the charter of the Second Bank of the United States. Jackson would also have opposed the ruling in Gibbons v. Ogden, which he would have said expanded the Congress's power to cover interstate commerce to also include commercial navigation
Answer:
I think they have had 66 with an average of one every 1.14 years
Answer:
A captain who traveled with local politicians
Explanation:
Corrupt politicians were the order of the day in 19th century political machines; these politicians, through the bosses, would give and jobs and contracts to those who supported them.
Answer:
The Battle of Saratoga was a major turning point in the American Revolution. It gave the Patriots a huge boost and convinced the French, Spanish and Dutch to join their cause against a mutual
