Like other countries Africa particularly South Africa
experience economic difficulties due to the Great Depression. Salaries decreased and unemployment went
up. Like Britain they were forced to
abandon the Gold Standard which helped the economy. Latin America also experienced economic
difficulties due to their relationship with the U.S. Like South Africa, their economy also went
down and this led to the rise of nationalism and fascism.
Under the feudal system, a handful of wealthy noblemen controlled much of the land. This was because the king would give out land to those that supported and helped him, or in exchange for military service. On this land that the nobility owned, serfs would live and work for them. Serfs were tied to the land and not an individual, and because of this, they could not own land. Finally, until the early renaissance, merchants and businessmen were few and far between, especially in the feudal system.
I really hope this helps! Have a wonderful day! :)
The economic trends were the work of factories , workshops, and textiles. In conclusion the industrial revolution changed the world. The things that helped change the world with industrialization were urbanization, capitalism, and social and economic impacts.
It is located in Florida, along the East Coast.
