Answer: Enrichment at the expense of the submissive
Explanation:
The absolute underdevelopment of African countries will result in the colonization of the continent by European invaders during the eighteenth and nineteenth centuries. Areas rich in natural and mineral resources will become easy prey to the colonizing powers of Europe.
The economic progress of the European conquerors will rely entirely on the exploitation of non-native countries. Luxury items such as diamonds, spices, cotton and more will overwhelm the market, and all capital from the sale and exploitation will go into the pockets of the colonizer. Some governments have gained enormous wealth thanks to the colonial conquests of the African continent
Due to the fall in the stock market, there has been a decrease in consumer spending and investments. This was caused by a steep decline in industrial production and a rise in unemployment due to failed companies that fired their workers. After the fall in the first 10 months of 1930, 744 banks collapsed - 10 times more. In all, 9,000 banks collapsed during the decade of the 1930s. It is estimated that 4,000 banks failed only during one year in 1933. Until 1933, depositors lost $ 140 billion due to the failure of banks. This is too simplified to find out the decline in stock trading as a unique cause of the Great Depression. However, in 1932, when the country collapsed in the depths of the Great Depression and about 15 million people (more than 20% of the American population at that time) was unemployed.
<span>The federal government stopped accepting paper money for the purchase of land.
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Answer:
B. Ballou is Willing to Die for the Union
Explanation:
