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slavikrds [6]
3 years ago
9

Uncertainty about the U.S. economy and the possibility of war did what to the Stock Exchange immediately after reopening?

History
1 answer:
Readme [11.4K]3 years ago
5 0

Answer:

A

Explanation:

Uncertainty about the U.S. economy and the possibility of war did what to the Stock Exchange immediately after reopening?

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Charles I's death penalty and execution in 1649 changed that neutrality. Six colonies, including Virginia, declared their loyalty to the dead monarch's son Charles II. The English Parliament replied with and Act in 1650, which levelled an economic imposition forcing them to accept the Parliaments authority.  The Navigation Act of 1651 followed this imposition, pressuring the merchants in every colony to ship goods directly to England in England ships.  

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