<span>The Panic was the worst economic crisis to hit the nation in its history to that point. Economic historians are not certain what caused it but point to several possible factors. First, too many people attempted to redeem silver notes for gold; ultimately the statutory limit for the minimum amount of gold in federal reserves was reached and U.S. Notes could no longer be successfully redeemed for gold. Next, the Philadelphia and Reading Railroad went bankrupt. Then, the National Cordage Company (the most actively traded stock at the time) went into receivership as a result of its bankers calling their loans in response to rumors regarding the NCC's financial distress. A series of bank failures followed, and the price of silver fell. The Northern Pacific Railway, the Union Pacific Railroad and the Atchison, Topeka & Santa Fe Railroad all failed. This was followed by the bankruptcy of many other companies; in total over 15,000 companies and 500 banks failed (many in the west). About 12%-18% of the workforce was unemployed at the Panic's peak.
hope this makes sense</span>
The Mongol Empire, with its peak size under the rule of Kublai Khan around the year of 1279, included parts of modern Russia in the North, modern day Korea, and modern China in the South on one end of the Asian continent. It stretched through the Asian continent all the way to modern day Hungary in Europe. It also included parts of the modern Middle East such as Iraq and Iran. The total area of the Mongol Empire in its peak was around 40 million km^2.
After some early trading expeditions, the first Dutch<span> settlement in the Americas was founded in 1615: Fort Nassau, on Castle Island along the Hudson, near present-day Albany. The settlement served mostly as an outpost for trading in fur with the native Lenape tribespeople, but was later replaced by Fort Orange.</span>
Answer:to become apart of the union again
Explanation:
Explanation:
it helps to increase trade relationship between nations of the world
