Answer:
The silk road is a famous ancient land route that traversed Asia and connected Eurasia. The development and change of the silk road was constantly. The causes of the decline of ancient silk road was thought-provoking, and the revival of modern silk road was exhilarating.
In Europe the average saving rate is 10.6% and in America it is 3.5%. This means that every fiscal year Americans save only 3.5% of their yearly income and Europeans save 10.6%.
This is dangerous for Americans since in the event of an unexpected crisis they will not have the liquidities to pay for it. One of the reasons is that in the USA Americans use credit cards massively and are thus usually indebted to Credit Card companies and most of their income goes into paying them both the interest and the principal. Marketing is also far more aggressive in America and manipulates people into buying stuff they do not really need.
Answer:
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Explanation:
Bankruptcy of farmers showed that the economy was weaker than the stock market indicated during that time
Answer:
The Colonists wanted independence from Great Britain because the king created unreasonable taxes, those taxes were created because Britain just fought the French and Indians. England decided that since they fought on American soil, then it was only fair to make Colonists pay for it.
Explanation:
"By 1779, about 4 % of the soldiers in the Continental Army were African Americans, and large numbers of black sailors also served in the Continental navy".
Explanation:
- African Americans, as free men or as slaves, served on both sides.
- In November 1775, Lord Dunmore freed all slaves who would fight on the British side, which naturally attracted a large number of blacks to the British side.
- In 1779, 10,000 Negroes deserted from the US Army and joined the British ranks.
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