The first people to feel the effects of the stock market crash were those who had unwisely spent their money. Most people bought large appliances, etc. on credit or with an installment plan which meant they only had to pay a little bit every month until the product is paid off. These people also saw the "get rich quick" aspect of the stock market and probably invested in it. When the stock market crashed, all of their money went with it and they were unable to pay for the rest of the items the bought on credit. When they tried to pull their money out of the bank, they found that the banks had also invested the patron's money in the market and the banks failed. This caused many people to go into debt and they had to foreclose their homes.
Answer:
Mercantillism
Explanation:
Mercantillism was a economic of trade that spanned from the 16th sentury to the 18th sentry. Mercantillism was based on the idea that a nation's weath and power were best served by increasing exports and so involved increasing trade.
I believe your answer is dissenting opinion.
"an opinion<span> in a legal case in certain legal systems written by one or more judges expressing disagreement with the </span>majority opinion<span> of the court which gives rise to its judgment."</span>
The London Tower is made of wood
Justinian I, Emperor of the Byzantine Empire, ordered the landmark church of Hagia Sophia in Constantinople. It was built by Greek scientists Isidore of Miletus and Anthemius of Tralles.