It says "based on the answers above" it depends on all the answers that you put in
Which statement best explains financial crises in the global economy?
"A financial crisis in one country can quickly spread to other countries."
A financial crisis in the global economy refers to breaking trust between banks and deep stress in global financial markets. For example, a downturn that starts in the United States will soon spread to the rest of the world, through linkages in the global
financial system. So many banks around the world will have significant losses and will depend on their government that supports them to avoid bankruptcy.
The Anglo-American hunger for Indian lands was the other event that happened in the United States at this time which influenced the support for the Dawes Act.
<h3>What was the Dawes Act?</h3>
It was a federal legislation that was passed to turn the Native Americans into farmers and landowners by providing cooperating families with 160 acres of reservation land for farming or 320 acres for grazing.
As it was intended to give the Native American family head 320 acres of grazing land or 160 acres of farmland, it also have some aims that includes:
- allotment of land
- vocational training
- education
- divine intervention.
The promised acreages were comparable to those promised by the Homestead Act but there were important differences between the two acts.
Here, the Native tribes already controlled the land that was being returned to them at a fraction of the acreage, but they were not accustomed to a life of standardized ranching and agriculture and the lands allotted to them were often unsuitable for farming.
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During the 1960 debates between Kennedy and Nixon, Americans for the first time are able to watch the debates on television, or even listen to it on the radio. Over 70 million people listened to watch the debate between the two candidates.