The most likely reason that the United Kingdom has the largest shipping losses is that of the fact that the United Kingdom had the largest navy and because of this, the aforementioned fact also led to the increase in losses of the shipping of the United Kingdom.
The financial crisis of 2008 was initially caused by problems in the "Housing Market," since lots of very influential banks had made very risky (sub-prime) loans to investors.
In the late 1800s a second period of industrial growth was spurred by<span> Developments in processing steel and oil.</span>
I would talk about Rockefeller for sure.
Answer:
Spanish power and prosperity declined aafter the defeat of the spanish .
Explanation:
Through the 1600's, Spain's strength decreased. One of the reasons was that Philip II's sucessor wasn't suited for the job. Then there were economic problems also brought the decline Treasures from the Americas led Spain to neglect farming and commerce. Also the government hevaily taxed the small middle class, weaking a group that in other European nation supported royal power. The Spanish power dqindled in the 1600's and 1700's.
