Answer:
The conquest of new lands directly contributed to the economic growth of nations since through territorial expansion new territories were acquired that included within themselves enormous amounts of natural resources.
Thus, for example, the territorial expansion of Spain during the conquest of America allowed the Spanish Empire access to precious metals and different grains that contributed to the economic development of the nation and the well-being of its citizens.
Another example is that of the United States, which after the annexation of California was able to exploit the enormous gold reserves that were in the territory of the State.
It was common for people to run for public office in order to get rich.
The correct answer among all the other choice is A. convicts. From 1788 to 1800, a large proportion of the English-speaking population In Austrailia consisted of convicts. Thank you for posting your question. I hope this answer helped you. Let me know if you need more help.
The correct answer to this open question is the following.
Why was credit from American bankers so essential to all the European powers?
Credit from American bankers was so essential to all the European powers because that credit allowed European investors, businessmen, and governments to have money and used to support or improve the economic conditions of Europe. Part of that credit was still used to the recovery from World War I effects.
What happened when that credit was suddenly cut after the stock market crash in 1929 was that countries suffered because a crisis started as a consequence of the Great Depression in the United States.
Let's have in mind that countries had invested in many war bonds during World War I.
When the United States stock market crashed on October 29, 1929, this event represented the beginning of the Greta Depression, which not only affected the United States but European nations too.
It was one of the worst economic moments in the history of the world. Millions of people lost their jobs, many companies had to close, and banks went into bankruptcy. European countries were in debt due to the many expenditures during the war and the poverty and destruction that remained after it.
1 is the spread of slavery, but I'm not sure about 2
