The Stocks of companies like General Electric, Western Union and United States Steel, were hit so hard by the drop because those companies were among the country’s strongest stocks. These companies were leaders of the stock market and everyone was interested in buying or investing only in these companies.
This was the reason that these companies or ‘Market leaders’ hard hit the stock exchange market. The New York Exchange is also known as “The Big Board” is the largest stock exchange market of the world by market capitalization of its listed companies at US$30.1 trillion by February 2018.
Answer:
I don't know. But, I hope this helps.
By the end of December, health workers warned that something was afoot. Yet totalitarians hate bad news, that’s in their DNA. Suppressing the reports, they blamed the messengers and detained them. There was “speed,” but the wrong kind. Instead of locking up the doctors, the regime might have closed down Wuhan Airport, which serves 32 cities around the world, including Paris, London, Rome, Seoul, Tokyo, and Sidney. With flights operating into February, the virus forged ahead while precious time was lost. In mid-March, the regime tried fake news, a classic agitprop tool, with the foreign ministry insinuating that the “U.S. army had brought the epidemic to Wuhan.”
Explanation:
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Democracy hope this helps
The western empire had lost most of its political, religious, and economic power
Because they managed to lost the power to use their original language and replaced by another
hope this helps
