Answer:
The bank run occurred because the stock market crashed and investors wanted immediate access to their liquid cash. This was not possible because many banks had invested heavily in the stock market and were not required to keep large sums of money on hand. Nor were the deposits of investors insured, so much of the liquid cash was gone. This situation led to great instability in domestic and international markets
Explanation: The Great Depression witnessed the collapse of the capitalist system as we know it.
Answer:
Explanation:
The only way to boost exports is to make trade easier overall. Governments do this by reducing tariffs and other blocks to imports. That reduces jobs in domestic industries that can't compete on a global scale. It also leads to job outsourcing. That's when companies relocate call centers, technology offices, and manufacturing. They choose countries with a lower cost of living.
Answer:
A. Articles of confederation is the correct answer.
Explanation:
The articles of confederation(1777) established the government for the union of thirteen colonies. As the colonies needed some form of government and written rules to govern them, the articles allowed the creation of Federal congress and was given the power to create laws, raise army and print money. The articles were prepared by a committee of thirteen men. John Dickinson authored the first draft and was the committee chairmen. The articles were first ratified by Virginia and Maryland was the last one to do so.
One of the factors that contributed to the rise of the kingdom of Kush was the brief fall of the kingdom of Egypt. With the Hyksos' conquer of Lower Egypt and their subsequent rule over the same, the kingdom of Kush became the superpower in Upper Egypt.
