B. The Panic of 1857.
The Panic of 1857 is the first recorded economic crisis of the world.
This is because Britain repealed the requirements of the Peel Banking Act of 1844.
This act required British currency to be backed by silver and gold. Therefore giving the current actual value, because of rare items equal value.
Becuase of instant information, the public and the world immediately learned about this, and therefore lost trust and security in Great Britain's currency.
This, therefore, leads to the Panic of 1857.
A. the creation of the Associated Press
This is not a bad side effect.
C. the Industrial Revolution
This is not a bad side effect at all, however, one of the greatest advancements in technology that boosted the worldwide economy.
D. Transcontinental Railroad
Once again, this is not a bad side effect, and instead is an extremely important development in American economics.
Hope this helps!
The Jewish Passover celebrates the liberation of the Hebrew people of Egypt.
Known as Pesach, the Jewish Passover celebrates the liberation of Egypt and reiterates the bond with the God who would have made possible the execution of that memorable victory. Over time, we have observed that this celebration has been gaining more stable contours and approaching the events and rituals that today mark this celebration. For some scholars, the celebration of such an event was crucial for the Jewish community to preserve its bonds in the most different places in which they lived and still live.
The Organization of Petroleum Exporting Countries unites countries extracting petroleum that are involved in the Middle East, since no western states are members.
