What was the Virginia Company and why is it important?
What will be an ideal response?
This was a group of members called the joint-stock company and they laid people to come to live in Virginia at their own expenses. In turn, they yield things like furs, lumber, and tar. This was important because no one lived there and to start new towns and economies for economic growth will, in turn, bring again if done correctly. This also let the group know what they had invested in. By digging and hunting and fishing, they learned of the things that exist in the area and the obstacles that will face and also answers to the things that they face.
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All of the following EXCEPT what, are significant causes of the panic of 1819:
a. banks produced currency and loans without gold to back it up. b. surplus of crops drove prices down c. decrease of crops drove prices up
By 1871
a. German unification finally permitted European fears and tensions to subside. b. Metternich's concerns for the stability of the European state system had proven unfounded. c. a new, united Germany had emerged, with an educated, disciplined, and confident population. d. German power was only matched by that of Austria. e. Germany's industries and commerce were yet to experience the Industrial Revolution.
The Great Depression was caused by the stock market crash of October 1929.
Answer the following statement true (T) or false (F)
Why did the American people fear a return to economic hard times after the war?
A) Western Europe was poised to compete with U.S. industry. B) The U.S. population had fallen during the war. C) Government spending was cut back sharply. D) Most veterans had few job skills.