Remarkable that the English-speaking world remembers Magna Carta. The product of a struggle between King John and his barons, it was sealed on the bank of the Thames 800 years ago, on June 15, 1215. But in a sense, the most valuable thing about Magna Carta is precisely that it is remembered. Other charters were issued across medieval Europe, but they were rapidly forgotten.
The Roaring Twenties was a great golden age in America, but ironically, led to its greatest downfall.
Lots of new things became popular among all Americans in the 20's; automobiles, radio, silent movies, etc. People were spending money left and right on these things, and were becoming very materialized. So why am I talking about Americans buying boatloads of stuff they didn't need? Well, this was one of the prime causes of the Great Depression. Americans started buying on margin, or buying with credit; buy now, pay later. People bought so much like this, that they had to borrow lots of money from the banks. As this went on, it built up slowly, and led into buying stocks on margin. This eventually led to the Stock Market Crash of 1929. As people ran to the banks to withdraw all their money, the banks failed, and people lost all their savings in the blink of an eye. Manufacturers soon started producing less and laying off workers as jobs became a demand, and ended up causing the intense unemployment rates throughout the country. And finally, farmers suffered as a massive drought hit the Mississippi Valley in 1930, which created the infamous Dust Bowl.
Black Tuesday, also known as the Wall Street Crash of 1929, was the worst stock market crash in US history.
Answer:
Clause 18, the elastic clause, allows Congress to stretch its powers to meet the new needs. The implied powers gives Congress the authority to do whatever is necessary and proper to carry out its expected powers.
Explanation:
