Answer:
The 1933 Glass-Steagall Act separated investment banking from retail banking. After their separation, the retail banks got the prohibition to use depositors´ funds for risky investments. Retail banks accepted deposits, managed checking accounts, and issued loans. Investment banks organized the primary sales of stocks, what economists call initial public offering. The law granted power to the Federal Reserve to regulate retail banks what was a positive development for better monetary policy.
Explanation:
Answer:
because they might organize political boundaries in a city
Answer:
Vasco De Gama discovered the route.
Explanation:
The first European to find a successful trading route to India was Vasco De Gama. His discovery of the route helped the Portuguese establish a long lasting colonial empire in Asia and Africa.
He started his journey from Lisbon and sailed past the Canary Islands to the Cape Verde islands then sailed out into the South Atlantic and swung down to the Cape of Good Hope then anchored at Mossel Bay, South Africa, then sailed to Mozambique at the Rio do Cobre (Copper River) and continued on until they reached the Rio dos Bons Sinais (River of Good Omens). Here they erected a statue in the name of Portugal. They then went to the Island of Mozambique. After trading with the local Muslim merchants, da Gama sailed on once more stopping briefly in Malindi (in present day Kenya). He hired a pilot to help him navigate through the Indian Ocean. They sailed for 23 days, and on May 20, 1498 they reached India.
They were a 13 evening radio that the President Roosevelt addressed.
The correct answer to this open question is the following.
Although there are no options attached, we can say the following.
The role that imperialism played in creating the borders of modern Africa was the following.
After the Berlin Conference of 1884, European superpowers agreed to regulate or establish some order to colonize the territories in the African continent. Expansionistic and imperialistic ideas promoted the Partition of Africa, commonly known as the Scramble for Africa. This colonization formally started in 1884 and ended approximately in 1914. European nations invaded Africa, occupied territories, split tribes, changed borders, and created new ones.
The main idea of European nations such as France, Spain, Great Britain, Portugal or Germany, was not to colonize the African territories to help them. No. The main goal was to exploit the many natural resources and raw materials that were abundant in Africa.
