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Nataly_w [17]
3 years ago
13

which statement best describes the impact the underlined description has on the meaning of this sentence?

History
2 answers:
polet [3.4K]3 years ago
6 0
What are the options?
klemol [59]3 years ago
4 0
IT is a VERY Important word
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The financial panic of 1907 resulted in such widespread bank failures and substantial losses to depositors that the American pub
olga nikolaevna [1]

Answer:

A central bank was needed to prevent the future panics is the correct answer.

Explanation:

The panic  of 1907 is also known as the Bankers Panic .It was a financial crisis that occurred in US during mid October of 1907.  During the crisis  the New York Stock Exchange fell by fifty percent and due to panic people withdrew their money from banks and trust companies.  The panic later spread throughout the nation. The panic happened due to the attempts to corner the market. Financier J.P Morgan prevented the panic from deepening by pledging large sum of money and by convincing other bankers to do the same. The panic highlighted the  needs of an independent Treasury system to mange money supply and inject liquidity in the market when the need arose. Next year a committee was established by John D Rockefeller Jr. to find out the reasons of the crisis and propose solutions, it led to the creation of Federal Reserve System.

5 0
3 years ago
North Vietnam allegedly attacked American ships in the _____, which gave Johnson license to escalate the Vietnam War.
velikii [3]

The correct answer is the Gulf of Tonkin.

It was alleged that in August of 1964, the North Vietnamese attacked American ships in the Gulf of Tonkin, allowing Johnson to escalate the Vietnam War.

3 0
4 years ago
Glossary
Nutka1998 [239]

Answer:

Armada : Spanish and Portuguese word for naval fleet, which also adopted into English, Malay and Indonesian for the same meaning, or an adjective meaning 'armed

Fireships :a ship carrying combustibles or explosives sent burning among the enemy's ships or works to set them on fire

Explanation:

Hope it helps

7 0
3 years ago
Why is democracy so inportant in america
sweet-ann [11.9K]
Answer: Democracy is based on freedom and equality between all people.

Extra on why: It’s often described as the ‘rule of the majority’, as important decisions are based on the votes of the people. This can either be:

Through direct democracy. Everyone gets the chance to vote on the outcome of a decision. An example is the Brexit referendum in 2016.
Through representative democracy. People vote to elect officials to make decisions to reflect the wishes of the people, such as the US Congress and UK Parliament.
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3 years ago
The MAIN purpose of the Freedmen's Bureau was to
Goshia [24]
I believe the answer is C
3 0
4 years ago
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