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The French Revolution and the American Revolution
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In 1922, Benito Mussolini (Il Duce) came to power as the prime minister of Italy and the leader of the National Fascist Party. ... He forcefully governed Italy until 1943 when the Allied invasion of the country led to his downfall and execution. His rise to power was remarkable.
Explanation:
One of the main reasons that the Romans <span>allowed the Jews to practice their religious beliefs was because they knew that discontent regarding religion usually led to uprisings, and could damage the empire. </span>
Wilson wanted to create a political power that would basically monitor
contries in an attempt to prevent another world war (keep peace).
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The beginning of the Great Depression in the United States is considered to be August 1929, when the industrial production index reached its peak. At that time, money was tightly tied to gold reserves, which limited the money supply. At the same time, production grew. At the turn of the century, new types of goods such as cars, planes, radios appeared. The number of goods in mass and by assortment has increased many times. As a result of the limited money supply and the growth of the commodity supply, strong deflation arose - a fall in prices, which caused financial instability, the bankruptcy of many enterprises, and loan defaults. A powerful multiplier effect has hit even growing industries.
From the standpoint of monetarism, the US Federal Reserve monetary policy triggered the crisis. A sharp decline in money supply by one third between August 1929 and March 1933 was a huge brake on the economy, and was the result of the incompetence of the Fed leadership.
This period was characterized, on the one hand, by very powerful technical changes, and on the other, by the abundance of capital, which allowed both updating capital and expanding stock exchange operations, as a result of which the speculative “bubble” increased.
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