The Louisiana Purchase significantly increased the size of the United States, which began the expansion of the country towards the West.<span> It also laid the groundwork for the Civil War as the new territories took sides in the heated slavery debate.
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Answer:
Hedge funds, banks, and insurance companies caused the subprime mortgage crisis. Hedge funds and banks created mortgage-backed securities. ... When the Federal Reserve raised the federal funds rate, it sent adjustable mortgage interest rates skyrocketing. As a result, home prices plummeted, and borrowers defaulted.
Explanation:
The 1898 Treaty of Paris ending the war gave Cuba its independence and also ceded important Spanish possessions to the United States—notably Puerto Rico, the Philippines, and the small island of Guam. ... The United States was suddenly a colonial power with overseas dependencies. So it became a world power after the industrial revolution.
