18 percent of people in Switzerland are French.
True or false statement? if so then the anwser is false
1. The difference between a bond and a stock is that stocks are shares that represent ownership in a company, and bonds are a form of long-term debt where you invest your money (essentially, a business loans money FROM you and promises to pay it back by a certain date). You should see a sizable return at the end of a bond's maturity date.
2. What makes a mutual fund an attractive investing option is that it is a diversified portfolio of different investments, such as bonds and stock. Since it is more spread out there is less overall risk.
3. A commercial bank differs from a Savings and Loan (S&L) association because S&L associations are more focused on residential mortgage, whereas commercial banks work more with large businesses.
4. A commercial bank differs from a credit union because most credit unions are not-for-profit establishments with their earnings paid back in the form of lower loan rates and higher savings rates. Commercial banks are for-profit and whatever they earn are paid back to stockholders only.
Answer:
The railroad had major advantages over previous modes of transportation, being both flexible and dependable; they were not subject to winter ice as canals were, and were faster and more reliable than steamships. This was especially important when transporting agricultural products.
Explanation:
Railroads created a more interconnected society. Counties were able to more easily work together due to the decreased travel time. With the use of the steam engine, people were able to travel to distant locations much more quickly than if they were using only horse-powered transportation.
They wanted to control the United States Market.
