The Quartering Act of 1765 required the colonies to house British soldiers in barracks provided by the colonies. If the barracks were too small to house all the soldiers, then localities were to accommodate the soldiers in local inns, livery stables, ale houses, victualing houses, and the houses of sellers of wine. Should there still be soldiers without accommodation after all such public houses were filled, the colonies were then required to take, hire and make fit for the reception of his Majesty’s forces, such and so many uninhabited houses, outhouses, barns, or other buildings as shall be necessary.
The event would be the attack on Pearl Harbor, which occurred on December 7th, 1941. Hope this helped!
They tipped the 342 crates of tea into the Boston Harbor. Because of this, Parliament passed the Coercive Acts, which were so harsh that they were renamed the Intolerable Acts. The Boston Tea Party took place on December 16, 1773. The Boston Tea Party happened in 3 British ships in the Boston Harbor.
The belief that stocks were overvalued in the late 1920s effect the American economy by causing the Wall Street Crash and the Great Depression in the 1930s
When talking about investments we must consider that everything that happens on the stock market is based on events or speculation, the stock markets definitely did not crash all of a sudden.
In the decade of the 1920’s, there was a huge rise in bank loans in the United States. The market was way overvalued, and people had false expectations
Prior to 1929, the market gave so much potential for being overvalued, which triggered people to buy a lot of shares based on unrealistic expectations. Even loaned money was used to buy even more shares, expected to gain a higher profit. In the end, prices were not much driven by any other economic factors than blind optimism.
so the final answer to both questions are:
Causing the Wall Street Crash and the Great Depression in the 1930s.
People held on to their stocks, hoping for profits.
