Answer: 1.Credit boom. In the 1920s, there was a rapid growth in bank credit and loans in the US. Irrational exuberance. 2.Earning per share rose from 20 (1923) to a peak of 100 (1929). 3.Irrational exuberance. Earning per share rose from 20 (1923) to a peak of 100 (1929). 4.Agricultural recession. 5.Weaknesses in the banking system. 6.Role of monetary policy.
Explanation:
The two main reasons why the French established colonies in the Americas were the fur trade and the religious conversion.
Explanation:
The French were one of the major imperial powers. With the interest growing about the Americas, and the British and Spanish rushing to establish colonies, the French didn't wanted to risk and fall behind. Lot of expeditions were organized, and lot of settlements were created by the French.
The main reasons why the French established their colonies were the fur trade and the religious conversion. The fur trade was economically very important, as the fur was highly demanded and well paid for. That contributed to very good relations with the natives as well, as they were the main suppliers of the fur. The good relations contributed to easier conversion to Catholicism, which was also going in the best interest of the French.
The French managed to create colonies in:
- the central part of the US
- western part of Canada
- Caribbean
- northeastern South America
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A specific evidence that demonstrates the development of economic self-reliance in the Thirteen Colonies was the pre-industrial families that through agriculture and livestock practices were able to satisfy their economic needs.
<h3 /><h3>What is economic self-reliance?</h3>
It refers to the economic development of subsistence, that is, meeting the needs of an individual, family and community to produce and maintain economic resources to fulfill their needs in a dignified way, such as food, housing, security, health and education.
Therefore, economic self-reliance is more difficult to achieve in a globalized and capitalist society, as the desire for consumption has been maximized with industrialization, generating the need for more products and services that are traded on the free market between nations.
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The correct answer is A) societies around the world became more socially, culturally, and economically linked.
<em>The consequence that resulted from globalization throughout the 20th century is that societies around the world became more socially, culturally, and economically linked.
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Globalization has allowed people to stay connected due to technology. Globalization has united countries through trade. Globalization has allowed constant interaction and interdependence between countries in matters of culture, politics, and economics. Globalization allows the transmission of information, ideas, beliefs, and investments, throughout the world.