Declaration of Independence (1776)Bloody Butchery, by the British Troops: or, The Runaway Fight of the Regulars(1775)A Circumstantial Account of an Attack that Happened on the 19th of April 1775, on His Majesty's Troops (1775)
One of the main factors which contributed to the Stock Market Crash in 1929, when the very loose regulations related to margin orders.
In financial terms, margin in an instrument which consists on depositing a collateral with a counterparty (generally the broker) to cover some of the credit risk that the depositor places to that counterparty.
In the 1920s, the mandatory requirements regarding margins were not very strict, and brokers asked investors to put in a small fraction of their own money. Leverage rates which measure the proportion of debt, reached 90% with a high frequency. Nowadays, the Federal Reserve has established the limit of 50%.
Back in 1929, when the stock market started to contract, many investors received margin calls. They had to hand in more money to their brokers, because the amounts required before were not enough and if not, their shares would be sold. Many people did not have the extra margin amounts required, their shares were sold and the market declined further. This generated more margin calls and more declines. This is why margin calls were one of the causes which triggered the Stock Market Crisis and, in turn, the Great Depression in 1929.
The Phoenicians produced a number of goods for foreign markets, including purple dye, glass, and lumber.
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Who were the Phoenicians?</h3>
- Phoenicia was an ancient thalassocracy (a state with primarily maritime realms) civilization that originated in the eastern Mediterranean's Levant region, primarily in modern Lebanon.
- The Phoenicians were Semitic-speaking people who first appeared in the Levant around 3000 BC.
- The term Phoenicia is an ancient Greek exonym that most likely referred to one of their most famous exports, a dye is known as Tyrian purple; it did not precisely correspond to a cohesive culture or society as it would have been understood natively.
- It is debatable whether the Phoenicians were distinct from the larger group of Semitic-speaking Canaanites.
- The Phoenicians manufactured a variety of goods for export, including purple dye, glass, and lumber.
Therefore, the Phoenicians produced a number of goods for foreign markets, including purple dye, glass, and lumber.
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In both wars, the governments of the world had to try to fix the what had been destroyed.
America, on the other hand, had little to no damage in ww1 but had plenty in ww2. They spent most of the time after ww1 partying and making the stock market crash. While after ww2, they tried to get communism out of the new countries.