The first main reason was most of the market was based solely on credit, which was stock that was purchased without actual cash, but purchased on credit.
The second factor was the massive pull out by many investors due to a panic that caused the Banks to attempt to purchase these stocks leading to a complete collapse in the market.
Basic argument of the Federalists for ratification <span>of the constitution is that it would give the central government more powers which was essential for the survival of the United States. A stronger central government would improve the economy, foreign relations, and would give the government more power to levy taxes and execute laws, as well as the power to create a strong military without permission from the states.
Arguments against the ratification would be used by ANTI-Federalists, NOT Federalists.
Those arguments against ratification were that the central government would get too powerful and strip the average citizens of their rights. Other problems that were brought forth were the states' representation in the government. Eventually, the Bill of Rights was added to the Constitution and the anti-Federalists were less apposed to it.
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Answer:
The lithosphere and the asthenosphere.
Explanation:
I would like a brainiest if thats ok :>
Thomas Jefferson and Alexander Hamilton are the two cabinet members continuously took opposing sides of issues.
