In this unit, you read about transitions of power and the formation of newly independent nations in africa, asia, the americas, and the middle east. some of these transitions were peaceful, while others caused long-term instability. why do you think some countries were more successful than others with political transitions? what do you think were the biggest challenges facing newly independent countries? would it have been possible for leaders to prevent these problems before they happened? why or why not?

During the 1920s, the federal reserve increased the money supply and kept interest rates very low, encouraging consumer spending and the brisk borrowing of money. business investment and the expansion of businesses grew rapidly during the 1920 to meet the needs of this huge consumer spending. however, during the crash of 1929, the federal reserve reversed its expansionary monetary policy and cut off the money supply by almost 30%, causing banks to not have enough currency on hand when depositors wanted their hard-earned money. after reading the prompt, what can you surmise happened next that contributed to the great depression? a) black tuesday b) collapse of banks c) high unemployment d) election of franklin d. roosevelt