Agnes,a Small Business Owner in Wales,found That After the 2008

question 82

Multiple Choice

Agnes,a small business owner in Wales,found that after the 2008 financial crisis in the U.S.,she could NOT get a loan from banks in her country.This is an example of which of these?

• A)a global flow
• B)a global economics
• C)a global change
• D)a global inequality

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Definitions:

Cotton Gin

Invented by Eli Whitney in 1793, the machine that separated cotton seed from cotton fiber, speeding cotton processing and making profitable the cultivation of the more hardy, but difficult to clean, short-staple cotton; led directly to the dramatic nineteenth-century expansion of slavery in the South.

Eli Whitney

An American inventor best known for inventing the cotton gin, a device that revolutionized the cotton industry.

Boll Weevil

A beetle that feeds on cotton buds and flowers, historically significant for its devastating impact on the United States cotton industry.

Mid-Nineteenth Century

Refers to the period approximately from 1830 to 1870, a time marked by significant historical events including the American Civil War.