Why is credit important in America?

Answers

Answer 1

The concept in question is Credit. It is the ability to borrow money or access goods or services with the understanding that you'll pay later.

Credit is part of your financial strength. It helps you get the things you need now, like a car loan or credit card, with a promise to pay it back later. Working to improve your credit score can help you qualify for credit when you need it.

When consumers and businesses can borrow money, economic transactions can be efficient and economies can thrive. Credit gives businesses access to the tools they need to manufacture the items they purchase.

As credit improves, consumers can borrow and spend more, and businesses can borrow and invest more. Growth in consumption and investment creates jobs and leads to higher income and profits. In addition, credit expansion also affects the price of assets, thereby increasing their net worth.

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Related Questions

Hitler called himself the __________ and wanted to ________________.
It about world war II

Answers

Answer:

der Führer und Reichskanzler,territorial expansion, 

What is the meaning of 9066?

Answers

9066 order, signed by President Franklin D. Roosevelt on February 19, 1942, authorized the internment of Japanese Americans by ordering that all people regarded a threat to the nation's security be forcibly removed from the West Coast .

What did Franklin D. Roosevelt become most famous for?

Roosevelt oversaw the federal government during the majority of the Great Depression, carrying out his domestic New Deal program in response to the worst economic catastrophe in American history. He founded the New Deal Coalition, which for the middle third of the 20th century in the US characterized modern liberalism. From 1933 until his death in 1945, Franklin Delano Roosevelt, also known by his initials FDR, was a politician and attorney from the United States. He was the 32nd president of the country.

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Hammurabi's code is to Babylon as the 10 commandments are to what
HELP
DUE IN A HOUR

Answers

Answer:

The Bible.

Explanation:

Both are the rules (laws) given throughout the books.

Why do you suppose Ford begins by listing some elements of Nixons resume?

Answers

A passage from the 1915 U.S. Supreme Court case Burdick v. United States, which contained the dictum that a pardon needs to carry an imputation of guilt and that its acknowledgement carries a confession of guilt, was kept by Ford in his wallet, which he used to privately defend his pardon of Nixon after he left the White House in 1977.

What do you know about President Ford?

From 1974 until 1977, Gerald Rudolph Ford Jr., an American politician, presided as the 38th president of the United States. He was the only president to date from Michigan and the only one who had never won election to the position of president or vice president.

He had previously led the Republican Party in the House of Representatives before being chosen in 1973 to serve as the 40th vice president. Ford assumed the presidency following the resignation of Richard Nixon in 1974, but he lost the 1976 election for a full term.

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4. What did the Sedition Act make it illegal to do?
O form a political party
O criticize the government
O emigrate to the United States
Ostart a newspaper

Answers

Start a newspaper.

The Sedition Act made it a crime for American citizens to "print, utter, or publish... any false, scandalous, and malicious writing" about the government. The laws were directed against Democratic-Republicans, the party typically favored by new citizens.

What was life like for women after ww2?

Answers

Women continued to work as waiters, secretaries, and other clerical positions after the World war—a group of jobs known as "pink collar" jobs. The pay was lower, and the work was less interesting or difficult.

Which occupation did women in World War Two hold most frequently?

Only single women between the ages of 20 and 30 were first enlisted, but by mid-1943, about 90% of unmarried and 80% of married women were employed in factories, on farms, or in the armed forces. In the auxiliary services as air-raid wardens, fire officers, and evacuation officers, as drivers of fire engines, trains, and trams, as conductors, as nurses, and in industries making armaments, building ships and airplanes during World War II, women worked in a variety of jobs.

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100 POINTS, Which belief did Thomas Jefferson have?

A strong national government is necessary to prevent internal rebellions.

Tariffs should protect American manufacturing.

A national bank will strengthen the nation.

There should be a clear separation of church and state.

Answers

Answer:

A strong national government is necessary to prevent internal rebellions.

Explanation:

Is this statement true or false?

Among Quakers, the women could speak as freely as men and were seen as equals in religious meetings.

A:True
B:False

Answers

True, Among Quakers, women could talk as freely as males and were treated as equals in religious gatherings.

Who are Quakers?

Quakers are members of the Religious Society of Friends, which is a historically Protestant Christian denomination. Members of these movements are often unified in their conviction in each individual's ability to experience the light inside or recognize "that of God in everyone."

Quakers seek direct encounters with God within themselves, as well as in their connections with others and the world around them. Quakerism is more of a way of living than a set of ideas. It has Christian roots, and many Quakers find Jesus' life and teachings inspiring, yet we have no dogma.

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Who refused to sign the Constitution because he wanted to protect the rights of states and citizens?(1 point) Charles Pinckney Charles Pinckney Roger Sherman Roger Sherman George Mason George Mason James Madison James Madison

Answers

Elbridge Gerry of Massachusetts, George Mason of Virginia, and Randolph were the only three delegates who didn't sign it at all.

There were 70 total delegates appointed to the Constitutional Convention, but only 55 of them showed up, and only 39 of them actually signed.

Some people just flat-out refused, while others fell unwell or left early. One of the most well-known reasons why some delegates refused to sign the treaty was that it lacked a valid Bill of Rights that would have protected both the freedom of individuals and the rights of States.

George Mason, Elbridge Gerry, and Edmund Randolph were the movement's three principal proponents.

John Dickinson, who is designated as a "signer" on paper, did not really sign the Constitution. Dickinson was sick during the Convention and was unable to attend the signing. He gave George Read permission to sign on his behalf.

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Which of the following would NOT have been part of the Social Gospel movement in the late 1800s?

A) schools
B) hospitals
C) government

Answers

C. Government was NOT have been part of the Social Gospel movement in the late 1800s.

During the later half of the nineteen century, a religious Movement broke out called the Social Gospel movement. Their argument was that people should emulate the life of Jesus Christ. The main motive was to inspire people to give up all earthly desires and help the needy.

Specially they focused on access to education, low-cost health, housing, and innumerable different other benefits.

But they did not include anything related to Government in the movement. The movement was started in Washington.

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Number these events in the order in which they occurred, from 1st to 5th.

Answers

A Geometric Sequence is a sequence in which each term after the first is obtained by multiplying the preceding term by a fixed nonzero constant.

What is an event Wikipedia?

Event (philosophy), an object in time, or an instantiation of a property in an object. Event (probability theory), a set of outcomes to which a probability is assigned. Event (relativity), a point in space at an instant in time, i.e. a location in spacetime.

What is a calendar event?

Events are items that you'd like to put on your calendar that will in no way be tied to a priority. Things that might go on this calendar might be things like putting yourself out for vacation or your kid's baseball game.

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In 50 words, describe two examples of how political figures from this time period benefitted from enslavement.

Answers

Two examples of how political figures in the Antebellum Period benefitted from enslavement were :

Economic benefits such as enslaved labor Political benefits such as the three - fifths compromise.

How did politicians benefit from slavery ?

Many political figures from the antebellum period, particularly those from the Southern states, benefitted greatly from the institution of enslavement. Plantation owners, for example, relied heavily on enslaved labor to work their large cotton and tobacco farms. This allowed them to produce large quantities of cash crops at low cost, which in turn generated significant profits.

The institution of enslavement also provided political benefits for many political figures from the antebellum period. The three-fifths compromise, which counted each enslaved person as three-fifths of a person for the purpose of apportioning seats in the House of Representatives, gave Southern states more representation in Congress and therefore more political power.

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What did the Articles of Confederation say about taxing the people? GIVING BRAINLIEST

The central government was allowed to create and enforce taxes for all 13 states.

The central government couldn't collect taxes.

The state governments could create tax laws for the central government to enforce.

Taxing was not allowed anywhere in the new United States.

Answers

The Articles of Confederation gave taxation rights specifically to the state government and therefore option B is the the correct answer.

What was the Article of Confederation?

The Articles of Confederation and Perpetual Union refers to the agreement among the 13 states of the United States of America that served as its first frame of government.

The major purpose of the article of confederation was that is served as the written document that established the functions of the national government of the United States after it declared independence from Great Britain. It created a loose confederation of sovereign states and a weak central government, leaving most of the power with the state governments.

When referring to taxation during the time the articles of confederation held sway, it delegated the role of taxation specifically to the state government and not the federal government.

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The 1400s Europe was a patchwork of kingdoms, duchies, and city-states, but they all shared several cultural practices. These included:

Diet
Ethnicity
Latin
Religion
Social structure

Answers

The 1400s Europe was a patchwork of kingdoms, duchies, and city-states, but they all shared several cultural practices and these includes:

EthnicityReligionSocial structure

What is Cultural practice?

Cultural practice is the outward expression of a culture or subculture, particularly in relation to the customs and traditions of a specific ethnic group or other cultural groups.

Cultural practices are a way for people in a culture to interact psychologically, socially, and symbolically while conveying their beliefs and ways of life.

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What clause did the Treaty of Versailles blame Germany for ww1?

Answers

Answer: War guilt

Explanation: The treaty of Versailles made it so Germany took sole fault for the war and had to suffer demilitarization, reparations to the Allied forces and loss of territory alongside that. Germany had lost about 13% of its territory and also had to pay somewhere around 33 Billion US dollars to cover civilian damages. Germany's army was diminished to 100,000 soldiers and was forbidden to draft soldiers again. Which basically kept them at bay, preventing any further aggression from them.

2. Why do market economies, like that of the United Kingdom, provide more consumer products than other types of economies?

Answers

Market economies, provide more consumer products due to their limitations, other economies are unable to generate anything that corresponds to the requirements, wants, or desires of the populace.

A market economy, sometimes referred to as a free market or free enterprise economy, is a system in which supply and demand dictate economic decisions, such as the prices of goods and services. In a completely free market, everyone owns their own resources.

Instead of centralised governing entities, these individuals decide how to distribute their resources. Laissez-faire economics holds that the government shouldn't become involved in business. If they do, market inefficiencies are frequently the result of their interventions.

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How was the United States response similar at the beginning of World War II from the response at the beginning of World War I?

What reasons did the United States have for taking an isolationist and neutral stance at the beginning of World War II?



Answers

At the beginning of both World Wars, the United States initially adopted a policy of neutrality and non-interference. In both cases, the United States was hesitant to become involved in a European conflict and sought to maintain its neutrality as long as possible.

During World War II, the United States had several reasons for taking an isolationist and neutral stance. One major reason was the trauma and loss of life that the country had experienced during World War I. Many Americans were opposed to getting involved in another costly and bloody European war. Additionally, the United States was still recovering from the Great Depression and was focused on domestic issues. Finally, there were also significant political and ideological divisions within the country, with some people supporting the Allies and others supporting the Axis powers.

Why might Mississippi have required all African Americans to have labor contracts, but not white Mississippians

Answers

Mississippi might have required all African Americans to have labor contracts, but not white Mississippians as were making an unofficial attempt to maintain the slavery system that had previously been in effect.

The Black Codes mandated that anyone who refused to sign yearly labour contracts might be detained and farmed out to white landowners in response to the planters' requests that the freed people be made to work on the plantations. Following the Civil War, Southern governments passed black codes to keep African Americans from obtaining political and economic independence.

The codes' main objective was to limit Black people's employment and activity, even while they permitted African Americans some liberties, such as the ability to purchase and possess property, get married, enter into contracts, and testify in court (but only in situations involving members of their own race).

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50 POINTS q4 Which belief did Thomas Jefferson have?


A strong national government is necessary to prevent internal rebellions.

Tariffs should protect American manufacturing.

A national bank will strengthen the nation.

There should be a clear separation of church and state.

Answers

There should be a clear separation of church and state, Option D is the correct answer.

Who is Thomas Jefferson?

He was a Christian deist because he considered Christianity as the pinnacle of natural religion and Jesus as an unrivaled moral teacher. He was not an orthodox Christian since he rejected the ideas that Jesus was the promised Messiah and the incarnate Son of God, among other things.

He was baptized and raised as an Anglican (and married and buried by Anglican priests), but he disagreed with many of the church's beliefs. He attended the church of many denominations on a regular basis, but he said, "I am of a sect by myself." Simply put, Jefferson is a theist (he believes in God)

Jefferson believed that religious freedom was necessary for a functioning republic. "Kings, nobles, and priests" threatened to form a dangerous aristocracy in the absence of religious freedom and absolute separation of church and state.

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Did the Native Americans have a legal right

to own land prior to the treaty of Echota?

A No

B Yes

Answers

Yes, the Native Americans have a legal right to own land prior to the treaty of Echota.

A treaty known as the Treaty of New Echota was inked on December 29, 1835, in New Echota, Georgia, by representatives of the American government and a minority Cherokee political party known as the Treaty Party.  The stipulations of the treaty specified how the Cherokee Nation would relinquish its southeasterly area and relocate to the Indian Territory. The treaty was revised and ratified in March 1836 and served as the legal foundation for the forcible deportation known as the Trail of Tears, even though it was neither recognized by the Cherokee National Council nor signed by Principal Chief John Ross.

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As of 1900, which nation emerged as a powerful industrial nation due to its natural resources and large workforce?

A. The United States of America
B. Russia
C. Austria
D. The Ottoman Empire

Answers

Answer:

A. The United States of America

The United States is the right answer

One of the sections of article 1 reads, "That all courts shall be open; and every man for an injury done him in his lands, goods, person, or reputation, shall have remedy by due course of law, and right and justice administered without sale, denial, or ____.​

Answers

"That all courts shall be open; and every man for an injury done him in his lands, goods, person, or reputation, shall have remedy by due course of law, and right and justice administered without sale, denial, or "delay".

Explain the article 1 of Section 18?

The primary criminal law of the federal u.s government is found in Title 18 of such United States Code. Criminal process and federal offenses are covered under the title.

Every person who suffers harm to their person, property, including reputation is entitled to redress through the correct legal channels, and all courts must be open. Justice must be delivered entirely, without exception, swiftly, and without delay. It also must not be bought.The Supreme Court will have original jurisdiction over all cases involving ambassadors, other public ministers, consuls, and cases to which a State shall be a party.

Sec. 18.  Court shall be open:

"All courts shall be open; every person for an injury done him in his lands, goods, person, or reputation shall have remedy by due course of law; and right and justice shall be administered without favor, denial, or delay."

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Or There is No Salvation for India / An Old Language Lives


In his speech, Gandhi calls the use of English in Indian schools a


A

wasted effort.

B

path to freedom.

C

handicap on his nation.

D

result of India’s poverty.

E

relief from tribal conflicts

Answers

In his speech, Gandhi calls the use of English in Indian schools as a wasted effort.

The correct option is B.

The provincial languages of India were pushed to the background with the arrival of the British and the use of English as the official language for communication.

Gandhi was adamant that ignoring our regional languages amounted to nothing less than a disservice to the country. No language other than their home tongue is efficient to communicate the message to them if the vast majority of the masses were to comprehend the meaning of "Swaraj."

The myth that Gandhi is against the English language has been debunked by Gandhi. "India needs the English in national matters," he believed. Certainly, it will be necessary for imperial matters. It will continue to be the official language of the Empire's member states. He made it clear that he had no animosity for the language and that he only wanted to discourage widespread use of it.

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This is my poem please rate.

Country
The sounds of country music
Just make me calm and cool
As i always listen to it
On the side of the glistening pool

The sounds of banjo's and harmonica's
Make me want to dance and sing
It all seems so fun
Thinking of that country fall fling

So all i gotta say is 'yehaw'
cause that explains it all
So hopefully when i hear country music again
I won's slip or fall ill just dance

Answers

Answer:

Explanation:

wow

a word that refers to a person, place, thing, event, substance or quality e.g.'nurse', 'cat', 'party', 'oil' and 'poverty'. Verb: a word or phrase that describes an action, condition or experience e.g. 'run', 'look' and 'feel'

How did 1920s U. S. Economic policies contribute to the Great Depression of the 1930s?

A-Republican presidents during the 1920s supported economic policies that expected each American to buy more foreign goods to improve the global economy.

B-The tariff policies of the U. S. During the 1920s led to the Dust Bowl migrations as farmland dried up and people lost their homes.

C-The high tariffs increased international trade and improved the balance of trade in the U. S. , increasing profits for U. S. Businesses.

D-High tariffs in the U. S. Caused international trade to decine, which led to factory dosures, unemployment, and people's failure to repay loans

Answers

1920s U. S. Economic policies contribute to the Great Depression. High tariffs in the U. S. Caused international trade to decline, which led to factory closure, unemployment, and people's failure to repay loans.

The correct option is D.

The Federal Reserve increased interest rates in 1928 and 1929 in an effort to moderate the sharp increase in stock values. Due to the lower demand for interest-sensitive spending in industries like construction and vehicle sales, production fell as a result of the increased interest rates.

Investments made in the speculative market throughout the 1920s contributed to the 1929 stock market crash, which destroyed a significant amount of nominal wealth. Most economists and historians concur that there were other factors contributing to the Great Depression than the 1929 stock market crash.

The Great Depression was the longest and harshest economic slump in modern history, starting in the United States in 1929 and spreading to other countries. It was characterised by rapid rises in the rates of poverty and homelessness, mass unemployment, and pricing and industrial production decreases.

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Karan's country wants to hold reserves of a foreign currency, which can give them a stable investment. Which currency should Karan's country
choose as a reserve currency?

Answers

Since the US dollar is regarded as the world's reserve currency, Karan's country should select it as its reserve currency.

What is Foreign currency?

Foreign currency is the currency that a foreign country utilizes as its primary means of exchange. The potential to purchase or exchange foreign currency in the later times is available to the holder of a foreign currency, but there is no obligation to do so.

What is reserve currency?

Reserve currency is any foreign currency which any monetary authorities like banking institutions hold in significant quantities. The United States dollar is the most important reserve currency in the world, surpassing other comparable currencies including the yen, euro, and pound.

For much more than 60 years, the dollar has served as the primary reserve currency worldwide. Under Bretton Woods system, the bulk of foreign currencies and the dollar were both pegged to gold.

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Question 14 of 20
The Spanish agreed to give up the territory of Florida to the United States after signing the

A. Treaty of Paris

B. Treaty of Ghent

C. Louisiana Purchase

D. Adams-Onís Treaty

Answers

Answer: D. Adams-Onís Treaty.

Explanation: The Spanish agreed to give up the territory of Florida to the United States after signing the Adams-Onís Treaty. This treaty, also known as the Transcontinental Treaty, was signed between the United States and Spain in 1819.

The treaty settled several territorial disputes between the two countries. In exchange for Florida, the United States agreed to give up its claims to Texas, which was then a part of Spanish-controlled Mexico. The treaty also established the western boundary of the United States, with Spain ceding its claims to the Oregon Country.

The Adams-Onís Treaty was significant because it helped to define and secure the borders of the United States. It allowed the United States to expand its territory and gain control over Florida, which had previously been under Spanish control. This expansion played a role in the United States' westward expansion and its growing influence in North America.

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How did American workers most often protest unfair labor conditions before the onset of labor unions

Answers

Before the onset of labor unions, American workers most often protested unfair labor conditions through strikes and boycotts.

Before the establishment of labor unions, American workers had limited means of protesting unfair labor conditions. One of the most common methods of protest was through strikes, where workers would refuse to work until their demands were met. Strikes were often organized by workers in a particular industry or at a specific workplace, and were often met with resistance from employers and government officials. Another method of protest was through boycotts, where workers and consumers would refrain from buying or using a particular product or service in order to put economic pressure on the employer. These forms of protest were often met with violence and repression, as workers had little legal protection and few rights at the time. Despite these challenges, strikes and boycotts were often effective in bringing about change, as they demonstrated the power of workers to disrupt the economy and bring attention to their demands.

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Who is the great economist who wrote The Wealth of Nations in 1776?

Answers

Answer: Adam Smith was the great economist who published The wealth of nations in 1776.

Explanation:

Adam Smith was a Scottish philosopher who wrote The wealth of nations book in 1776. He is considered a father of economics. The book explains how market economies work. The book presents three natural laws of economics:-

1. Law of Competition: People compete and produce better and ower priced products.

2. Law of self-interest: People care for their own self-interest.

3. Law of Supply and Demand: Market runs on the laws of supply and demand.

DEMAND WORKSHEET

1. The law of demand states- when the price increases, the quantity demanded will

When the price decreases, the quantity demanded will

2. If a change in price has an effect on the change in quantity, this is known as (elastic / inelastic) demand. Give

a specific example of this type of demand.

3. If the federal government says that fish is healthy for you, the demand for fish will

(increase / decrease). Which determinant of demand causes this change?

Which way will the demand curve shift? (left/right) Draw the new demand curve-Label it Di.

Answers

The law of demand states that when the price increases, the quantity demanded will decrease and vice-versa. If a change in price has a significant effect on the change in quantity demanded, this is known as elastic demand.

1. According to the law of demand, when the price goes up, fewer people will buy something. The amount demanded will rise when the price drops, on the other hand.

2. Elastic demand occurs when the quantity demanded changes significantly in response to a change in price.

For example the demand for a certain brand of high-end timepieces. The number requested may rise greatly if the price of the watches falls noticeably since more buyers would be willing and able to afford them.

3. The federal government will probably raise the demand for fish if it promotes the health benefits of fish. This change is brought on by a change in the demand determinant defined as "consumer tastes and preferences." When there is an increase in demand, the demand curve will move to the right.

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Since Truman favored some portions of the Taft-Hartley Act, would the nation have been better served if he had possessed a line-item veto? Which one of the traits listed below is not used to define the order Primates?a. a tendency towards erect postureb. an inflexible, specialized limb structurec. hands and feet with a high degree of prehensilityd. retention of five digits on the hands and feete. generalized dentition Sugar cookies make up 38% of all sales for a local baker's cookie sales. If the baker sold 133 sugar cookies, how many total cookies did the baker sell? Balancing chemical reactions, what is it and two examples!!PLEASE HELP I NEED THE ANSWER!!! Giving lots of POINTS What were Mendel's 3 important choices? how does the narrator of (everyday use) see her two daughters differently Medicaid is known as the __________, since it is always billed after another plan has been billed, if other coverage exists. What do the Elgin Marbles tell us? Which of the following is NOT true about fairy tales?A. Many have different "retellings" across centuries and cultures. B. Most were told orally before being written down. C. Most have never been written down. 15. Which of the following is the best way to pick a topic for an academic essay?OA. Taking a topic directly from an essay that's already been writtenO B. Starting to write the essay and finding a topic as you proceedOC. Asking a friend what your essay should be aboutO D. Prewriting activities like brainstorming or research How many solutions will the following system have? 4x+y=13 1/2}y=-2x+5 Is CDs fixed or variable? True or False. The bolded word in this sentence is used correctly.I took at deep (BREATH) of fresh air.O TrueO FalseGIVING BRAINLIEST! What were two effects of the Glorious Revolution? 50 POINTS q7 What was important about the Lewis and Clark Expedition? It found a path through the Cumberland Gap. It explored territory acquired in the Louisiana Purchase. It found a faster way for ships to get to the port of New Orleans. It revealed that gold was available in Kentucky. Drumming prodigy fred white died at 67. What iconic soul band was he a member of? What do your results tell you about the directing effects of the substituents on salicylamide? Which two statements describe forces that move water within the globalocean conveyor belt?A. Upwelling causes cold water to separate and sink below warmerwater.B. Saltwater freezes, leaving behind warmer freshwater that flowsfaster.C. Water freezes, causing the saltier and denser remaining liquidwater to sink.D. Wind pushes surface water away from shore, and cold water risesto replace it. how do i answer this question In baseball, each time a player attempts to hit the ball, it is recorded. the ratio of hits compared to total attempts is their batting average. each player on the team wants to have the highest batting average to help their team the most. for the season so far, jana has hit the ball 7 times out of 10 attempts. tasha has hit the ball 10 times out of 16 attempts. which player has a ratio that means they have a better batting average? tasha, because she has the lowest ratio since 0.7 < 0.625 tasha, because she has the highest ratio since 56 over 80 is greater than 50 over 80 jana, because she has the highest ratio since 56 over 80 is greater than 50 over 80 jana, because she has the lowest ratio since 0.7 < 0.625