The overinflated stock market helped cause the Great Depression when the stock market burst and all of the prices started to fall drastically.
Answer:
autocracy.
The term autocrat was formerly coined as a favorable feature of the ruler, and now the term autocracy represents the system of government in which social and political power is concentrated in the hands of one person.
<span>On this day in 1861, delegates from six states — South Carolina, Mississippi, Florida, Alabama, Georgia and Louisiana — met in Montgomery, Alabama, to establish a new unified government, which they named the Confederate States of America.</span>