B. The Panic of 1857.
The Panic of 1857 is the first recorded economic crisis of the world.
This is because Britain repealed the requirements of the Peel Banking Act of 1844.
This act required British currency to be backed by silver and gold. Therefore giving the current actual value, because of rare items equal value.
Becuase of instant information, the public and the world immediately learned about this, and therefore lost trust and security in Great Britain's currency.
This, therefore, leads to the Panic of 1857.
A. the creation of the Associated Press
This is not a bad side effect.
C. the Industrial Revolution
This is not a bad side effect at all, however, one of the greatest advancements in technology that boosted the worldwide economy.
D. Transcontinental Railroad
Once again, this is not a bad side effect, and instead is an extremely important development in American economics.
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Answer:
After the Bolshevik Revolution of 1917, the ensuing Civil War produced acute food shortages in southwestern Russia. Wartime devastation was compounded by two successive seasons of drought, and by 1920 it was clear that a full-scale famine was under way in the Volga River Valley, Crimea, Ukraine, and Armenia. Conditions were so desperate that in early 1920 the Soviet government sent out a worldwide appeal for food aid to avert the starvation of millions of people.
Explanation:
The introduction of a tax-supported school system
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They believed that smuggling was not at all a crime because the laws were very unjust. The Navigation Acts were laws that were meant to enrich England, and only benefit them.
Europeans desired a direct sea route to Asia, because the land trade routes were expensive and dangerous
