HEP RNNN PLEAS The U. S. economy prospered more than European economies after World War I. Why was this so?
The U. S. economy was based on capitalism.
O The United States had been spared the physical ruin of war.
O European nations were mostly Communist or socialist.
O Labor unions in European nations restricted economic growth.

Timeline: (fill in the blank) 1566- a __ settlement is established at santa elena. 1586- sir walter raleigh establishes __ the second attempt at an english colony in the new world. 1663- __ grants the region of carolina to the true and absolute lords proprietors of carolina. 1669- the __ of __ is written by john locke. 1670- the first permanent english settlement is made at __ or charles town. 1690s- some time in the 1690s __ is introduced to southern carolina and becomes a major cash crop. 1700- around 11,000 colonists now call __ carolina home. 1700- around 6,000 colonists now call __ carolina home. 1712- thelords proprietors commission a separate governor for __ carolina, even though the territories are still under one charter. 1715-the __ wars, marked by two years of hostilities between native americans and carolinians last from 1715-1717. 1719-the colonists of southern carolina overthrow the __ for both regions 1729- after the carolinas have become a crown colony. __ formally creates a south carolina and north carolina.

Discuss the ways in which the northern and southern economies and social customs differed in the decade prior to the civil war. why are they characterized as having “two distinct societies”?

Lloyd’s of london was one of the first institutions to offer insurance to merchants and joint-trade companies. a major part of the insurance system involved people who agreed to take responsibility for the insured losses in return for a fee. what were these risk-takers known as? a. joint-stock companies b. investors c. underwriters d. merchants e. capitalists