One economic problem was that businesses were not as healthy. People started losing money because they had numerous investors and they couldn't find a way to pay them back because they couldn't earn as much as they received in investments which caused investors to lose money in reality which harmed the businesses.
Another is that the consumers were indebted more than it was normal. People were spending more and more money and they in reality didn't have this money earned so the debt started increasing dramatically and when they couldn't pay back the debts the bubble burst and an economic crisis was introduced.
<em>Answer:Slaves sold in the slave market at Montgomery, Alabama, likely to have come largely from Virginia, North Carolina, and Tennessee. Until the Thirteenth Amendment that came into the united colonies of America in 1865 slavery was a legal phenomenon.</em>
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Answer:
b) helped write new state constitutions
Explanation:
Europe sent manufactured goods and luxuries to North America. Europe also sent guns, cloth, iron, and beer to Africa in exchange for gold, ivory, spices and hardwood. The primary export from Africa to North America and the West Indies was enslaved people to work on colonial plantations and farms.
Sugar boosts independence
During those three centuries, sugar was by far the most important of the overseas commodities that accounted for a third of Europe's entire economy. As technologies got more efficient and diversified, adding molasses and rum to the plantation byproducts, sugar barons from St.
