By the end of the stock market crash‚ $16 billion had been lost from New York stocks. In addition‚ many banks had invested their deposits in the stock market‚ causing these banks to lose their depositors’ savings as stocks dropped. Even people who did not invest in shares became broke as $140 billion of depositor money was lost and 10‚000 banks failed. The stock market crash had such a great
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Department of Homeland Security and the USA Patriot Act. Also‚ Congress passed the Intelligence of Reform and Terrorism Prevention Act of 2004. The Intelligence of Reform and Terrorism Prevention Act of 2004 was signed by President George W. Bush that affects the US federal terrorism laws. Congress had to pass these programs to make a change in America so we can prepare ourselves as a whole to not have another terrifying attack on our people or nation again. The Congress has been a big help with passing
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At the time when Columbus arrived‚ and in the years following‚ the American continent was a type of natural paradise compared to the highly inhabited and structured countries of Europe that explorers had come from. While the abundance of resources did influence the way in which Europeans treated the land‚ the predetermined economic mindsets carried over from a more resource-deprived Europe worked simultaneously to promote a general attitude of disrespect and overuse of nature in America. This complicated
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The importance of this class in the Empire was very different from the East India Company. It did not gain from the monopolization of the export of the Indian handicrafts. As this class started to grow and began to attack the monopoly of the company. In 1793‚ the British industrialists forced the company to grant them the use of three thousand tons
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During his life as a young man Simon Bolivar was sent to Europe to complete his education. It was during this time that he became familiar with the ideas of the enlightenment. These liberal ideas will plant a seed for growth during Bolivars return to his home country. As the American Revolution was fought the ideas spread; first to France then to Latin America. Simon Bolivar will spend his life trying to liberate Latin America from Spanish rule. The Enlightenment‚ also known as the Age of Reason
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The Black Death on the surface was a terrible thing in Europe and all it did was kill people. If you dig deeper you realize that the Black Death wound up having a positive effect on Europe’s economic future. The lasting legacy of the Black Death should really be the good it did for Europe’s economy and how it enriched lives of generations of Europeans. The first way the Black Death helped the European economy was that it led to the fall of feudalism. Feudalism was a burden on the European economy’s
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Firstly‚ the Revolutionary War brought change to America economically. The United States would gain land after their victory over Great Britain. However‚ the land that was gained was viewed as being unfairly taken by the Indians. The Seneca Chiefs‚ in a letter written to George Washington‚ stated that the United States‚ “demanded [a] great country‚” and that‚ “All the lands of which [the Indians had] been speaking of belonged to the Six Nations. No part of it ever belonged to the King of England
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How did the Industrial Revolution Change the American Economy Before the Industrial Revolution‚ the American economy was built on cotton plantations‚ hand-woven textiles‚ farming‚ fishing‚ and trade. Products were made by hand on farms and in homes. The Industrial Revolution changed how goods were produced which had a major impact on the American Economy both positively and negatively. The invention of machines‚ water power‚ and steam engines‚ for example‚ led to materials being produced more
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What effects did the American Revolution have on society today? The effects on America from the revolution were liberty‚ freedom‚ and self government. It made a huge impact on the society today. The Americans would not have as many rights today without the war. Pros of the American Revolution we have freedom‚ liberty‚ and a self-government. Because of the people who fought in the war had a lot of dedication and motivation. If we would not have had the war‚ we would not have influenced England to
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believe that the three main types of legislation passed--social‚ political and economic--were closely weighted in how much of an effect they had‚ and still have‚ in the democracy. However‚ others may be on the complete opposite side of the spectrum‚ believing that political transformation was the main policy that saw a major change. But‚ in this
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