Answer:
People sold off bank stocks, making them worthless.
Explanation:
The Stock Market Crash of 1929 caused a series of bank runs which destroyed the people's trust in the banking system. It began as a rumor that the banks were unable to pay cash which then transcended to panic among customers causing them to withdraw their funds en masse. They also spent little thus causing a stagnant economy. People withdrew their cash from the banks thus causing the solvency of many banks.
Banks in turn liquidated their loans and sold their assets at very low costs.
I think the answer is the setting
Answer:
She would mostly likely be a Republican
Explanation: Republicans favor small government, privilege the private sector as the engine of change and believe in lower taxes and less regulation.
Developments in European culture fuelled by the Renaissance.
- Changes in the Christian religion fuelled by German Martin Luther.
- The race begins between Christian Europeans to find new trade routes to China for silk and Indonesia for spices as the Muslim Ottomans block the Mediterranean sea to all Christian shipping.English and other European Explorers.
500 years ago the English started exploring the world in sailing ships. (This was the first step to England creating a world wide empire.) The catalyst to explore at this time was the blockade of the Mediterranean sea in 1448 by the Islamic Ottoman (Turks) thus closing access to the only known trade route to the east (India and China.)
sweden had dominated the baltic sea scince the early 1600s.to challenge this control, peter declaired war on sweden in 1700.
after a 21 year conflict, peter defeated the swedes establishing russian control over th baltic and signaling swedens decline as a major power.
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