Stocks directly affected only 4 million out of 120 million people. Indirectly:
-Risky loans hurt banks
-Consumer borrowing
-Bank runs
-Bank failures
-Savings wiped out (Banks failures wiped out peoples saving)
-Cuts in production
-Rise in unemployment
-Further cuts in production
Answer:
Alexander Hamilton was the force behind the project, and was responsible for recruiting James Madison and John Jay to write with him as Publius. Two others were considered, Gouverneur Morris and William Duer. Morris rejected the offer, and Hamilton didn't like Duer's work. Even still, Duer managed to publish three articles in defense of the Constitution under the name Philo-Publius, or "Friend of Publius."
Explanation:
I'm not 100% sure but I really think the answer is C.) Live in poverty.
Sorry =\
Answer:
c
Explanation:
Following the defeat of Germany and Ottoman Turkey in World War I, their Asian and African possessions, which were judged not yet ready to govern themselves, were distributed among the victorious Allied powers under the authority of Article 22 of the Covenant of the League of Nations (itself an Allied creation). The mandate system was a compromise between the Allies’ wish to retain the former German and Turkish colonies and their pre-Armistice declaration (November 5, 1918) that annexation of territory was not their aim in the war. The mandates were divided into three groups on the basis of their location and their level of political and economic development and were then assigned to individual Allied victors (mandatory powers, or mandatories).
Class A mandates consisted of the former Turkish provinces of Iraq, Syria, Lebanon, and Palestine. These territories were considered sufficiently advanced that their provisional independence was recognized, though they were still subject to Allied administrative control until they were fully able to stand alone. Iraq and Palestine (including modern Jordan and Israel) were assigned to Great Britain, while Turkish-ruled Syria and Lebanon went to France. All Class A mandates reached full independence by 1949.
