2. What is a steerage?

Steerage is the lower deck of a ship, where the cargo is stored above the closed hold. In the late 19th and early 20th century, steamship steerage decks were used to provide the lowest cost and lowest class of travel, often for European and Chinese immigrants to North America.

Steerage is the lower deck of a ship

Explanation:

all of the following apply except for (a. excessive credit on real estate resulting in defaulted loans.

in 1819, panic swept the country due,in part, to the rapid expansion of american manufacturing during the war of 1812 and the distress caused by the post-war british competition. the rapid expansion of american farming was another factor.

explanation: