The Great Depression of America!
It all began with the economic recession in August 1929, but everything got worst on October 24th, 1929: The Black Thursday, or the Crash of Wall Street, Which affected all the world. Then a year later, Banks began to fail. The economy was dead, not only for the united states, but for the whole world. It stayed like that till World war 2 in 1939.
An exchange rate is how much of your country's currency buys another foreign currency. For some countries, exchange rates constantly change, while others use a fixed exchange rate. The economic and social outlook of a country will influence its currency exchange rate compared to other countries. Hope this helps
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King George did not even try to deal with the complaints the colonists had, and instead decided to let the events to transpire down. Because of the failure of positive change, the colonists started to riot, which soon led to the opening shots of the American Revolutionary War.
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His Willingness to accept the evidence that another theory is superior is a characteristic of scientific skepticism.
