Answer:
They encouraged the growth of the Chinese civilization.
Explanation:
i took it and made a 100
1 Bring back confidence in banks
2 E<span>stablished the Federal Emergency Relief Agency
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Answer:
Ancient Egypt could not have existed without the river Nile. Since rainfall is almost non-existent in Egypt, the floods provided the only source of moisture to sustain crops. ... When the floods went down it left thick rich mud (black silt) which was excellent soil to plant seeds in after it had been ploughed.
Answer:
He saved the American Economy and led to the establishment of the Federal Reserve.
Explanation:
JP Morgan was a businessman with contacts and investments in many different industries. These contacts, and his wealth, allowed him to wield huge control over the financial industry. This resulted in two big events. Firstly, there was the Gold Crisis of 1895. The US Treasury nearly ran out of gold and Morgan persuaded the president to use an old law to buy gold off him (And the rockefellers). This stabalised the American Dollar and averted crisis. A similar thing happened in 1907. Major New York banks were on the verge of collapse and Morgan held a meeting at his mansion where he forced the New York finaciers to come up with a plan. This they diid and the federal government saved the banks. Morgan also used his controlling interest in US Steel to buy the stock of a competitor whos stock was casuing a brokerage firm to collapse. Despite the anti trust legislation he purchased the stock, This restored confidence in the banking system and ensured the crisis was over.
More importantly, the event made the government realise that they couldnt rely on there always being a wealthy indiividual like Morgan to save the day should there be another crisis. This lead to the creation of the Federal Reserve System in 1913. This was a joint effort of a team of banking and political leaders, led by Senator Nelson Aldrich.
<em>D. The Declaration of Independence outlined a relationship between individuals and the government but did not detail the power and control of that government.</em>
Explanation:
The Articles of Confederation was known for its many weaknesses. It gave little to no power to the central government, which made Americans eventually uneasy and lead to the creation of the Declaration of Independence.
The Articles was very weak and granted the central government barely any power that it needed. The government could not tax the states, they had to out right ask the states for money. This lead to the United States not being able to pay off war debts, or other important things that were valuable to keeping up a country. The government also couldn't regulate trade, which was very important during this time and keep up the wealth and importance of the United States. They also couldn't do things such as enforcing laws and passing new laws, they needed many of the states approval before doing anything.
The people who were in support of creating a new constitution were the Federalists, but those who wanted to keep a small government were called Anti-Federalists. Anti-Federalists were most likely scared of a big government because they didn't want the government to abuse their power. They didn't want a repeat of what happened with Great Britain, with "<em>taxation without representation</em>" and not letting people voice opinions, practice different religions, or pass absurd laws that would overall damage individuals. Federalists felt that keeping the government this way was hurting the United States and they should be represented by a big government, obviously not one that was abusive, but one that could get things done while still having the people in mind.
When the Declaration of Independence was created, most of the people focused on the relationship between the government and the people, as it was a hot topic in the past. Many people wanted to make sure the government would not get out of hand and to maintain the good relationship between having a bigger government and the wishes of the American citizens.
Many people also felt that the Articles of Confederation was still needed, as that properly dictated how much power the government could hold, while the Declaration of Independence mostly focused on the relationship between the individuals and the government.
