Answer:
to assume an excessive amount of business risk in speculating on something (such as stocks) overspeculated in real estate … this is exactly the sort of imbalance that brings on big crashes.
Explanation:
Answer: The Civil War
Explanation:
The Civil War took place in America over an internal struggle. It was over two different beliefs and the country was divided over this idea. This led to a struggle that would be one of the bloodiest wars in american history.
The United States's recession was for only seven months and eventually lead to the Great Depression in 1929. On the other hand, Germany was much harder due to their debts that are needed to be paid and that was because of the Treaty of Versailles that obliged the Germany to pay the Allied Powers its debt.