I believe it is the banking system, that was horrible. people continued to loan money from the bank and even the bank itself was giving away other peoples money, which is now illegal. but back then it was not. the answer may also be the stock market itself! hope this kind of helped!
Answer:
Federalism is the separation of power that exists between the states and the federal government. In America, the subject of federalism is one that comes up quite often. This is as a result of the constitution. The tenth amendment is in the constitution and it empowers the state government with any power that is not given to the federal government. There is always a conflict when dealing with the supremacy clause that is in the sixth article.
The clause got interpreted to imply that federal law exceeds state laws. So why is federalism important? We will take a look at some of the reasons why this system is much debated. The American constitution is such that it gives powers to the federal government far beyond the states. The constitution appears to be more concerned about what the states cannot do. Federalism is a system that separates governmental powers into state and federal governments.
Explanation:
Many factors contributed to Britain's dominance, including agricultural changes, a population boom, economic innovations, new ideas and a scientific viewpoint, transportation foundations, natural resources, a supportive government, and a trade network with numerous colonies. So the answer is D
