The past war crash in america occured after WW1 as the result of high inventories of manufactored goods with no local buyers and a drop-off in exports, and falling prices for farm produce
The Armenian Parliament submitted 616 proposals for 2011 draft budget revision to the RA Government. Over 50% of them were put forward on behalf of the parliamentary factions. It should be noted that MPs’ proposals are hardly different – they are mostly requests for the construction or renovation of schools, streets, seminaries, centers of culture and so on. The Prosperous Armenia Party (PAP) submitted the most proposals, and the Government accepted 99% of them. To be precise, the only proposal that was declined is a request for funds for renovation of the school in Aigtek, Armavir region.
Answer: The Southern Colonies had an agricultural economy
Explanation: Most colonists lived on small family farms, but some owned large plantations that produced cash crops such as tobacco and rice. Many slaves worked on plantations.
