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Spain allowed the South Sea Company in London to send a lot of ships to trade in the area. THE SOUTH SEA BUBBLE

The South Sea Bubble is the name given to a speculation in 1720, and associated with the South Sea Company in London. People bought shares in the company expecting to make a huge profit, but the boom in shares collapsed and many investors lost all their money.
The South Sea Company was founded in 1711 to trade with Spanish America. The company's stock offered a guaranteed interest of 6% and it sold well. Unfortunately, however, Spain allowed the company to send only one ship a year to trade in the area.
The first voyage in 1717 was a success. Then King George I became governor of the company in 1719. This created confidence in the business, and soon it was paying 100% interest. In 1720, there was a boom in the South Sea Company's shares because it agreed to take over the 20 country's national debt. It expected to get back its money by increased trade and a rise in the value of its shares.
The shares did, in fact, rise dramatically. The stock of the company, which had been around £128 in January 1720, reached £1,000 in August. However, by September the market had collapsed, and the price fell back to £124. Eventually, with the support of the Government, the shares levelled off at around £140. The South Sea Bubble had burst and it led to an economic depression in the country.

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Ответ:
Андрей3482
Андрей3482
27.01.2021

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1. He looked at himself in the mirror.

2. After the accident he told  us that we were not to blame.

3. My parents gave themselves an anniversary present. They had a nice holiday together.

4. Yesterday I fell in the street and hurt myself.

5. There are computer games where you can play against yourself . You always win!

6. My computer turns itself .off.

7. God helps those who help.help themselves.

8. Don't trouble.yourself. I can take care of it.

9. Sandra made herself  drink the bitter medicine.

10. The monkey groomed itself.

Объяснение:

4,4(42 оценок)
Ответ:

Ex.8

The table is set by us

A picture is drown by me

The blue shoes are worn by them

The ball was caught by them

The book isn't opened by him

The letter wasn't written by you

Are you picked up by your mum?

Is thief caught by police officer?

Ex.9

The Nile is the longest river in the world.

In Mark’s opinion History is more difficult than Geography. However, it is more interesting .

Antarctica is one of the coldest places on Earth.

Greece is hotter than England.

Mirror, mirror on the wall, who’s the prettiest of them all?

Elvis Presley is one of the most popular rock singers ever.

Jenny is taller than Alice even though she is younger.

Switzerland is one of the richest countries in the world.

People in Africa are the poorest in the world.

Alexander was a better businessman than Henry.

Ex.10

She wouldn’t have failed her entrance exams if she worked harder.

You would be able to buy that jacket if you hadn’t spent all your money.

She wouldn’t have left you if you weren't so rude to her.

He wouldn't have eaten that sandwich if he had seen you drop it on the floor.

If it had snowed, we would have gone skiing.

I would have invited you to the party if had had your number.

If she had known it was your birthday, she would have bought you a present.

If I had had some flour, I would have made pizza.

They would have gone to the beach if it had been sunny.

If I had seen the robbery this afternoon, I would have called the police.

Ex.11

I can do it myself.

He made himself a cup of tea.

Don’t play with the knife; you can hurt yourself.

Tom prefers living by himself.

There are computer games where you can play against yourself. You always win!

I am proud of myself.

Behave yourself!

Alan made this dish himself.

He cut himself with the knife while he was sharpening it.

She often talks to herself when she is upset.

Ex.12

Wise - wisdom

Good - goodness

Vacant - vacancy

Sweet - sweetness

Human - humanity

Free - freedom

Proud - pride

Brave - bravery

Novel - novelty

Poor - poorness

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