Answer:
The Great Depression of 1929 devastated the U.S. economy. A third of all banks failed. 1 Unemployment rose to 25%, and homelessness increased. 2 Housing prices plummeted 67%, international trade collapsed by 65%, and deflation soared above 10%.
Explanation:
They caused inflation to rise.
(Just had this question on my test and noticed nobody answered. Sorry it was late)
The correct answer is "required all goods imported into Britain or the colonies to be shipped in British vessels."
The Navigation Act of 1651 required all goods imported into Britain or the colonies to be shipped in British vessels.
The English Navigation Acts acts heavily taxed goods shipped in the southern colonies and countries other than England.
The English monarchy wanted to exert control over the 13 colonies and get some funds to pay the debts of war, by collecting taxes. There were many taxes in those years. But specifically, the Navigation Acts were a series of English laws that controlled shipping and trade from the English colonies to other countries, limiting the participation of foreign people in commerce with the colonies. The Navigation Acts were passed in 1663, 1673, and 1696.
