The correct answer is A) the boom-and-busty cycle of capitalism.
<em>A characteristic of the economic panics in the early 1800s was the boom-and-busty cycle of capitalism.
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The international economy was declining, the domestic economy of the United States was expanding beyond control, cotton prices collapsed, the contrition of credit affected the market, farmers had to pay its loans which resulted in farm forclosures and some Banks went into bankrupcy. That is why a characteristic of the economic panics in the early 1800s was the boom-and-busty cycle of capitalism.
Answer:
Its C for someone who didnt know
Explanation:
Answer:
Absolute monarchy - Monarch holds supreme power, Existed in England before the signing of the Magna Carta.
Constitutional monarchy - Currently existed in Britain, Monarch's power is bound by legal limits.
Explanation:
<u>Absolute monarchy</u> :
-- Monarch holds supreme power.
-- Existed in England before the signing of the Magna Carta.
An absolute monarchy is a type of government where there is only one ruler. The monarch is usually a king or a queen and the have the supreme power over everything. In absolute monarchy, there is no written law or rules.
<u>Constitutional monarchy</u> :
-- Currently existed in Britain.
-- Monarch's power is bound by legal limits.
Constitutional monarchy is a system of government where the ruler exercises his authority according to the written constitution or law. The monarch is purely a ceremonial leader.
The National Road. The National Road was the first highway built entirely with federal funds. The road was authorized by Congress in 1806 during the Jefferson Administration. Construction began in Cumberland, Maryland in 1811.