The depression was caused by a number of serious weaknesses in the economy. ... America's "Great Depression" began with the dramatic crash of the stock market on "Black Thursday", October 24, 1929 when 16 million shares of stock were quickly sold by panicking investors who had lost faith in the American economy.
Answer:
It's a test of whether the founders were correct that all men are created equal . It's a test of whether people can still cherish liberty . It's a test of the nation can live up to its founding ideals.
THIS IS the meaning of civil war .In Lincoln view.
D. Powers shared between the Federal and State governments.
Concurrent powers are the powers that are shared by the Federal government with the States.
The most important of these is the power to tax. Both the federal and state governments have the ability to tax.
The correct answer is A) the boom-and-busty cycle of capitalism.
<em>A characteristic of the economic panics in the early 1800s was the boom-and-busty cycle of capitalism.
</em>
The international economy was declining, the domestic economy of the United States was expanding beyond control, cotton prices collapsed, the contrition of credit affected the market, farmers had to pay its loans which resulted in farm forclosures and some Banks went into bankrupcy. That is why a characteristic of the economic panics in the early 1800s was the boom-and-busty cycle of capitalism.
