The correct answer is "$1 billion" United States has a long history of trading goods and money around the world. Before United States joined World War 1 the total international trade reached $1 billion dollars, which raised to $4 billion dollars by 1917 just for European countries.
Answer:
The answer is B. The United States stock market lost a great deal of its value.
Explanation:
The most contributing reason for the great depression was the stock market crash or the wall street crash in 1929.
During this time, the stock market nearly lost $30 billion in its market value, which is nearly $400 billion if we adjust it for today's values.
The main reasons for the stock market crash were majorly the weaknesses in the economy as a whole. They were,
- low wages
- the proliferation of debt
- a struggling agricultural sector
- excess of large bank loans that could not be liquidated
Answer:
The main gain for French peasantry was the elimination of the feudal system by the revolutionary regime following the overthrowing of king Louis XVI; it had been a longtime aspiration of theirs. They could finally acquire full rights of landowners and have a free hand to increase their holdings. Another important gain was the abolition of the tithe, an obligation to contribute to the Church´s coffers with one tenth of their income, a legal tax: That money was used to maintain the clergy and churches.
Explanation:
The United States joined the North America free trade agreement