The Great Depression affected the banking industry by causing "<span>a. widespread panic," since thousands of people withdrew their funds from the bank at once--thus causing people to lose faith in the banks in general. </span>
<span>Census is 20 I think
: )
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So the encomienda was basically a system of slavery enabling. If the Spaniards were successful at colonizing, they would be given the permission to take a bunch of natives as labor force. They wouldn't have to care about them much and could exploit them as they see fit.
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