Answer:
to assume an excessive amount of business risk in speculating on something (such as stocks) overspeculated in real estate … this is exactly the sort of imbalance that brings on big crashes.
Explanation:
Answer:
Reconstruction (1865-1877), the turbulent era following the Civil War, was the effort to reintegrate Southern states from the Confederacy and 4 million newly-freed slaves into the United States. Under the administration of President Andrew Johnson in 1865 and 1866, new southern state legislatures passed restrictive “black codes” to control the labor and behavior of former slaves and other African Americans. Outrage in the North over these codes eroded support for the approach known as Presidential Reconstruction and led to the triumph of the more radical wing of the Republican Party. During Radical Reconstruction, which began with the passage of the Reconstruction Act of 1867, newly enfranchised blacks gained a voice in government for the first time in American history, winning election to southern state legislatures and even to the U.S. Congress. In less than a decade, however, reactionary forces–including the Ku Klux Klan–would reverse the changes wrought by Radical Reconstruction in a violent backlash that restored white supremacy in the South.
Original Published Date
October 29, 2009
By History.com Editors
Explanation:
Answer:
Explanation:
Like many human-rights appeals, it sounded good but did not actually mean much. ("Government by the people"??)
He was really talking about freeing the slaves and extending the vote.
