Answer:
Why was the Second Bank of the United States important, and what was Nicholas Biddle's role in it? The Second Bank of the United States was the most powerful bank in the nation. It held government funds and issued money. Nicholas Biddle, its president, set policies that controlled the nation's money supply.
Explanation:
Answer:
Explanation:
Panic and disbelief and astonishment.
Many people were on margin (that's when you put your stock up for security and the bank makes you a loan to buy more stock. Effectively the bank owns the stock).
"Everybody's doing it. You can make scads of money doing it."
When the market crashed, in many cases it took everything you yur had. Those who knew what was going on panicked. Some jumped owt windows. I good remainder when this happened was roughly 20%
Those how didn't know what was going on phoned their brokers who likely told them to hang on -- this was only a correction. Other brokers advised they sell which only intensified the selling pressure. There was no way out. People who don't understand margin should never use it.
Many banks closed their doors. If you want to watch a movie on the subject, you should watch A Wonderful Life. It's a classic. Every library has it or can get it for you.
The most direct result of the Watergate Scandal was the resignation of President Nixon of United States of America. The Watergate Scandal was a huge scandal that occurred in the United States of America during the 1970s. The administration of President Nixon did try their best to cover up the whole scandal, but they failed to do so.
Answer:
i believe its D.
Explanation:
I recently learned about this. if wrong im sorry. but best of luck
