Okay so, the Great Depression of 1929 was the worst economic downturn. It lasted about 10 years (1929-1939). It caused Wall Street into a panic and wiped out MILLIONS of investors. It also caused troops returning from the war, which created a surge in the civilian labor force and more unemployment. One reason why this happend was because the stock market crash.
<span>At one time all these things were important to me. But because of Christ, I decided that they are worth nothing. ERV Easy-to-Read-Version
When you are not a Christian, you have all these worries and fears that you have to take care of. But because you can believe in GOd, he can take care of all your problems. :)
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Answer:
Option: Chinese goods became available in Europe.
Explanation:
Silk Route was an old route for trade that connected China with the Western world (Mediterranean region). This route worked for trading until the 15th century. Some of the goods exported from China were silk, sugar, tea, porcelain, ivory, and silver. Silk considered to be a luxury item with its fine glossy texture worn by the high class of people, including kings, nobles, etc. The increasing demand for goods during the Renaissance period led to the introduction of the magnetic compass and gun powder in Europe.
Answer:
During the summer of 1998, the Russian economy was primed for the onset of a currency crisis.In an attempt to avert the crisis, the CBR intervenedby decreasing the growth of the money supply andtwice increasing the lending rate to banks, raisingit from 30 to 150 percent. Both rate hikes occurredin May 1998, the same month in which the Russianstock market lost 39 percent of its value.
