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blagie [28]
3 years ago
15

Previous

History
1 answer:
Goryan [66]3 years ago
4 0
Bank reserves are the cash minimums that must be kept on hand by financial institutions in order to meet central bank requirements. The bank cannot lend the money but must keep it in the vault, on-site or at the central bank, in order to meet any large and unexpected demand for withdrawals. :))
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What did the u.s do to break the the blockade
KiRa [710]
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3 0
3 years ago
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How did opium trade in china affect British merchants?​
bezimeni [28]

Answer:

Opium trade, in Chinese history, the traffic that developed in the 18th and 19th centuries in which Western countries, mostly Great Britain, exported opium grown in India and sold it to China. The British used the profits from the sale of opium to purchase such Chinese luxury goods as porcelain, silk, and tea, which were in great demand in the West, while addiction to opium became widespread in China, leading to social and economic problems there.

By 1773 the British had discovered the trade, and that year they became the leading suppliers of the Chinese market.The country traders sold the opium to smugglers along the Chinese coast. The gold and silver the traders received from those sales were then turned over to the East India Company.In the Treaty of Nanjing that ended the First Opium War in 1842, Britain made China pay a huge indemnity (payment for losses in the war). Britain also gained Hong Kong; The Treaty of Nanjing is the treaty which marked the end of the First Opium War and would have a lasting effect on East -West relations.

6 0
3 years ago
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The African state that played a very active and profitable role in the transatlantic slave trade was the
grigory [225]

 This is taken from THE GLEANER, article AFRICA'S ROLE IN SLAVERY.

<span>
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<span>In the Arab world, which was the first to import large numbers of slaves from Africa, the slave traffic was cosmopolitan. Slaves of all types were sold in open bazaars. The Arabs played an important role as middlemen in the trans-atlantic slave trade, and research data suggest that between the 7th and the 19th centuries, they transported more than 14 million black slaves across the Sahara and the Red Sea, as many or more than were shipped to the Americas, depending on the estimates for the transatlantic slave trade.</span>

The inescapable fact that stuck in my craw was: My people had sold me ... . My own people had exterminated whole nations and torn families apart for a profit before the strangers got their chance at a cut. It was a sobering thought. It impressed upon me the universal nature of greed." And we might add, the universal nature of slavery.

African kings were willing to provide a steady flow of captives, who they said were criminals or prisoners of war doomed for execution. Many were not, but this did not prevent traders posing as philanthropists who were rescuing the Africans from death and offering them a better and more productive life.

When France and Britain outlawed slavery in their territories in the early 19th Century, African chiefs who had grown rich and powerful off the slave trade sent protest delegations to Paris and London. Britain abolished the slave trade and slavery itself against fierce opposition from West African and Arab traders.The slave trade<span>. </span>The African state that played a very active and profitable role<span> in the translantic slave was? The Kingdom on Dahomey. 



</span>
8 0
4 years ago
Harry s. Truman authorized dropping the atomic bomb on japan because:.
kondaur [170]

Answer:

because of the attacks on pearl harbor and the countless loss of lives that day

8 0
2 years ago
What is the social, cultural, and political importance of the printing press?
k0ka [10]

Answer:

It allowed people to inform others of new religion, ideas and more and paved the path for newer printing technologies.

Explanation:

7 0
3 years ago
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