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.
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.
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
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.
I believe the answer is C