European colonization caused revolutionary changes to Africa's political geography and old African empires and kingdoms met their demise. The societies in Africa were in flux and politically and organizationally unstable so they were unable to resist the European invaders.
the first election of three levels held in Nepal under federal structure was 2015, November 26
Answer:
What made the Great Depression "Great" was the government response. Constant changes the regulatory environment, tax increases, massive deficits, and failure to let the market correct paralyzed the economy in its depressed state for 15 years.
Both were caused primarily by an over expansion of credit rooted in loose money supply. The monetary response to the current recession has been different. Rather than tightening to force the market to bottom, the Fed has maintained low rates in an effort to re-inflate the bubble conditions. Hoover/Bush & FDR/Obama responses are similar as all tried to spend their way out of the problem.
1929 crash:
After WWI, Britain reset the pound to the pre-WWI level even though their money supply had far exceeded pre-WWI levels. In an effort to slow the flight of gold from Britain, the US federal reserve (led by Benjamin Strong) lowered interest rates. As always, artificially low interest rates caused massive distortions in asset values. Money flowed into the stock market and people who would not normally have been stockholders bought stocks in place of other investments that would have yielded better interest rates absent fed policy. Margin was used excessively because the real cost of leveraging was distorted by fed interest rate policy.
The fed continually lowered interest rates all the way into 1929. When the bubble popped, they tightened policy and raised rates. This contributed the deflationary spiral; however, the deflationary spiral could not have been as severe without the loose policy during the bubble.
2008 crash:
Beginning in the early 1990s, the federal reserve (led by Alan Greenspan) lowered rates while monitoring consumer prices as indicators of inflation. They ignored bubbles in the stock market directly caused by their inflationary monetary policy. When the stock bubble popped, they lowered rates further and pushed misdirected investment towards other assets - most commonly housing.
After the attacks of 9/11/2001, the fed pushed rates to 0 (long term rates were effectively negative and continue to be).
Explanation:
Trade and Power were the main reason for European interest in Asia and Africa.
<span>Specificly to gain new land, people to work on their land and do other hard labor and collect natural resources for metals, minerals and spices. </span>
<span>Only Belgium, France, Germany, Italy, the Netherlands, Portugal the United Kingdom and Spain obtained land in Asia and Africa, no Eastern European countries obtained any colonies outside Europe and neither did Greece or any country in Scandinavia, so just a few countries possessed 95% of the worlds surface during the colonial days, divided between 8 countries which sold, traded and stole colonies off of each other during that period.</span>
<u>Answer:</u> "Humid Continental climate" found between 30 and 60 north latitude, having 4 distinct season and a wide variety of plant life
<u>Explanation:</u>
Humid Continental climate is found primarily inside continents. This climate is experiencing four distinct seasons, and a very wide temperature range. Regular rainfall supports a wide variety of plants that support a wide array of animals.
Humid continental climate is found between 30 and 60 degrees latitude in the interior of continents, but usually above the 40 degree line. Less direct sunlight and therefore less warmth means 40 degrees north of the equator. The climate is mainly found in the Northern Hemisphere since the Southern Hemisphere does not have major land masses.
