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Showing posts from June, 2023

4. Clashes of Cultures: Native Americans and European Settlers on the East Coast

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Many diverse Native American tribes inhabited the East Coast of what would later become the United States. They spoke different languages and engaged in varied activities, such as farming, hunting, and warfare. Some well-known tribes include the Seneca, Mohawk, Seminole, and Cherokee. These tribes had developed their unique cultures long before the arrival of European settlers, each with their own religious and spiritual beliefs, though many shared similar practices. Trade played a crucial role in the lives of the Native Americans on the East Coast, with different tribes engaging in extensive trade networks spanning the entire country. The first recorded encounters between Europeans and the native tribes of the East Coast occurred in the 1500s. French and Basque fishermen crossed the Atlantic Ocean in search of whales along the eastern shores of North America, establishing temporary camps and engaging in trade with the local Indians. The Europeans often employed Native Americans, creat...

3. Encounters on the Great Plains: Lewis and Clark's Journey, Shoshoni Warriors, and the Sacred Bison

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  In 1804, Meriwether Lewis and William Clark embarked on a historic expedition to the Pacific Ocean, becoming the first educated Americans to encounter indigenous tribes on the Great Plains. As they approached the eastern side of the mountains, they encountered the Shoshoni tribe. Sixty Shoshoni men on horseback charged toward them, prepared for battle with bows, arrows, and long poles with sharp blades. They used the horses as cover, lying beneath or on the sides of the animals. The horses displayed various designs painted in blue, black, red, and other colors, each holding a special meaning for the owner. Realizing that Lewis and his group were not prepared for war, the Shoshoni slowed their horses but remained cautious. Lewis signaled peace by raising his open hand, and the Shoshoni chief reciprocated the gesture. Both parties approached each other, communicating through gestures. The Shoshoni people wore clothing made of animal hides, primarily from deer or American bison. The...

4. Black Monday Unleashed: Unraveling the Global Financial Crisis

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Black Monday refers to the stock market crash that occurred on October 19, 1987. It was a global financial crisis that had a significant impact on stock markets around the world. The crash was triggered by a combination of factors, including the overvaluation of stocks, the widespread use of computerized trading systems, and investor panic. On that day, stock prices plummeted, and the Dow Jones Industrial Average, a key indicator of the U.S. stock market, experienced its largest single-day percentage decline in history, losing over 22% of its value. One of the contributing factors to the crash was the malfunctioning of automated trading systems. Many institutions and investors used computerized trading systems that would automatically buy or sell based on certain conditions. However, when the market experienced extreme volatility, these systems failed to cope, exacerbating the market turmoil. Investors rushed to sell, further fueling the decline. The crisis quickly spread to global fin...