He became a senator from texas.
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Answer:
The beginning of the Great Depression in the United States is considered to be August 1929, when the industrial production index reached its peak. At that time, money was tightly tied to gold reserves, which limited the money supply. At the same time, production grew. At the turn of the century, new types of goods such as cars, planes, radios appeared. The number of goods in mass and by assortment has increased many times. As a result of the limited money supply and the growth of the commodity supply, strong deflation arose - a fall in prices, which caused financial instability, the bankruptcy of many enterprises, and loan defaults. A powerful multiplier effect has hit even growing industries.
From the standpoint of monetarism, the US Federal Reserve monetary policy triggered the crisis. A sharp decline in money supply by one third between August 1929 and March 1933 was a huge brake on the economy, and was the result of the incompetence of the Fed leadership.
This period was characterized, on the one hand, by very powerful technical changes, and on the other, by the abundance of capital, which allowed both updating capital and expanding stock exchange operations, as a result of which the speculative “bubble” increased.
Explanation:
Answer:
The debate on wether slaves should be freed or property.
Answer:
States wanted to pass laws without federal interference.
Explanation:
The land west of Mississippi during the 1700's and most of the 1800' was land that was still dominated by the Native American tribes and the Spanish, and it was not safe at all for people to move in those parts considering the very bad relations with the native populations in that time of period. Also, the authorities, still hadn't tried to motivate people and try to make them settle in those areas with some measure that was going to be attractive for them.
