Tobacco and Sugar played similar roles in the Virginia and Caribbean economies by helping the economies of the colonists,
In these areas, Indentured slaves were used to provide slave labor that they used to cultivate sugarcane in the Colonies.
Both Sugar and Tobacco were exported and sold in the colonies for profit. Very high levels of profit was gotten from the sale of both products. The profits they got was used to take care of the economy, pay taxes and it was also used to buy goods from England.
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Magna Carta and the Common Law
Answer:
In short, the factor that caused the great recession was overproduction, which was not prepared for the lack of demand, and ended up with all the goods stopped without any consumer buying them.
Explanation:
When the First World War came to an end, some European countries were weakening their economies, while the United States grew more and more, profiting from the export of food and industrialized products.
As a result, North American production became accustomed to this growth, which increased day by day, especially between the years 1918 and 1928. It was a scenario with many jobs, low prices, high production in agriculture and the expansion of credit that encouraged unbridled consumerism.
The problem for the United States was that Europe began to reestablish itself, which led to less and less import from the United States.
Now the American industry could no longer sell the exaggerated quantity of goods, with more supply of products than demand. This has led to a fall in prices, a fall in production, and consequently an increase in unemployment. These factors led to a fall in profits and a halt in trade, leading to a stock market crash and causing the great recession.
Answer:
Telegraph
Explanation:
Before the invention, information had to be send by horses, boats, trains, and any other transportation. This would take very long and it was ineffective for a lot of train stations. If a locomotive had to abort a departure than the communication would take a long time and it was usually by horses. After the telegraph was made this helped the train station be more effective by knowing exactly when the trains would go to which station. This made the stations much more smoother and have more departures and less waiting time for the people boarding on to them.
It was considered a war grave and gave a proper burial to the men who boarded it.
