Generally speaking, to gain more capital for industrial expansion, small companies "borrowed money from banks," since at the early stages of production they did not generate enough capital to do so on their own.
It was Peru if you meant the Incan Empire.
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William Penn was the son of the admiral and politician Sir William Penn. Penn was a writer, early member of the Religious Society of Friends, and founder of the English North American colony the Province of Pennsylvania
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A particularly severe budget crisis occurred in the United States in November 1995, when the House of Representatives under Speaker Newt Gingrich and the administration of President Bill Clinton quarrelled over apportionments.
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On June 6, 1944 the Allied Forces of Britain, America, Canada, and France attacked German forces on the coast of Normandy, France. With a huge force of over 150,000 soldiers, the Allies attacked and gained a victory that became the turning point for World War II in Europe.
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