What was the main cause of the Panic of 1893?

Answers

Answer 1

Answer: The Panic was the worst economic crisis to hit the nation in its history to that point. Economic historians are not certain what caused it but point to several possible factors. First, too many people attempted to redeem silver notes for gold; ultimately the statutory limit for the minimum amount of gold in federal reserves was reached and U.S. Notes could no longer be successfully redeemed for gold. Next, the Philadelphia and Reading Railroad went bankrupt. Then, the National Cordage Company (the most actively traded stock at the time) went into receivership as a result of its bankers calling their loans in response to rumors regarding the NCC's financial distress. A series of bank failures followed, and the price of silver fell. The Northern Pacific Railway, the Union Pacific Railroad and the Atchison, Topeka & Santa Fe Railroad all failed. This was followed by the bankruptcy of many other companies; in total over 15,000 companies and 500 banks failed (many in the west). About 12%-18% of the workforce was unemployed at the Panic's peak.

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What is Gandhi's relationship with the lion? Does Gandhi regard the British as "the enemy"?

Answers

The Lion here refer to the British who nicknamed as "the Three Lion"

The relationship that Gandhi had with the Lion is Gandhi was the leader of the movement that influenced Indian Independence from the British.

No, Gandhi did not regard British as "The enemy". Gandhi's movement was called the non violence resistance, he only thought British as the party who had different agenda than them

Question 1 Which statement describes a point of continuity between the Roman and Byzantine empires?

a.Both empires shared similar laws and traditions.
b. Both empires originated in Western Europe.
c. Both empires required all citizens to be fluent in Latin.
d. Both empires considered the emperor the ultimate religious authority. Question 2
(01.02 MC)Which of the following best describes the significance of hajj for Muslims?
a.It serves as a test of whether their faith can endure hardship.
b. It serves as a day of rest and worship.
c. It is a way to honor the pilgrimage their founder made.
d. It is a way to make sure all food is prepared properly.
Question 3

(01.05 LC)Who was John of Damascus?
a.an early Christian bishop
b. a monk who defended the use of icons
c. a translator of the Bible into modern Russian
d. a chief advisor to Emperor Constantine
Question 4
(01.04 MC)Which of the following explains why the Umayyad Empire faced a series of revolts?
a. The Umayyads did not permit descendants of Muhammad to rule.
b. Muslim non-Arabs were granted more privileges than Muslim Arabs.
c. The Umayyad leader Mu'awiya was held responsible for Muhammad's death.
d. People of non-Islamic faiths did not have equal status to Muslims.

Answers

I am pretty sure that the answer for the first question is A. Both empires shared similar laws and traditions because The West and East used the same laws and Eastern Roman Empire continued using them.
The second one is definitely b. It serves as a day of rest and worship. as it is main points of hajj for Muslims.
The third is b. a monk who defended the use of icons.
And what about the last one - b. Muslim non-Arabs were granted more privileges than Muslim Arabs. This quite a triky question, but the think you should remember is that Muslim non-Arabs were treated better.

The Supreme Court's decision in the Plessy v. Ferguson case had a long-lasting effect on race relations in America. Which statement best describes its impact?a. All freed slaves in the South were given 40 acres of land and a mule.

b. The court declared that the 14th Amendment was unconstitutional.

c. Blacks were permitted to share railway cars with whites in the South.

d. Segregation in the South was determined to be legal.

Answers

Answer:

d. Segregation in the South was determined to be legal.

Explanation:

In 1892, Homer Plessy, a black man, sat in a "whites only" car of a Louisiana train. But Louisiana had a Separate Car Act (1890), which required separate railway cars for blacks and whites, and Plessy ended up arrested.

In the case, Plessy’s lawyer argued that the Separate Car Act violated the 13th and 14th Amendments, which established absolute equality before the law for people regardless of their origin or race.

However, the Supreme Court considered that segregation did not necessarily imply an inequality toward African Americans, and it wasn't a form of discrimination. Therefore, segregation in the South was determined to be legal.

d. Segregation in the South was determined to be legal

What were Francisco Pizarro's accomplishments?

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Answer:

Conquered the Inca people and stole their wealth, Founded Lima, Peru claimed parts of Peru for the Spanish Empire

Explanation:

hope this helps

In what year was the House Un-American Activities Committee (HUAC) established?

Answers

May 26, 1938. Hope this helps!

May 26, 1938 is the year mate.

What is a main principle of Adam Smith’s The Wealth of Nations?a. The free market system is inefficient.
b. Business prospers by finding out what people want and providing it.
c. People do not always get what they need.
d. A price-based system provides few incentives for businesses.

Answers

The right answer for the question that is being asked and shown above is that: "b. Business prospers by finding out what people want and providing it." a main principle of Adam Smith’s The Wealth of Nations is that business prospers by finding out what people want and providing it.

Answer:

A) Business prospers by finding out what people want and providing it.

Explanation:

Definition of 'Invisible Hand' Definition: The unobservable market force that helps the demand and supply of goods in a free market to reach equilibrium automatically is the invisible hand. Description: The phrase invisible hand was introduced by Adam Smith in his book 'The Wealth of Nations'.

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The Union General who assumed command of the army during the last year of the war was ShermanGrantMcClellan.

How was the economic struggle during the great depression different for rural americans than for those who lived in cities?

During the ming dynasty, why did china stop investing in overseas naval expeditions?