The banking system is crucial for the functioning of the US economy because they make loans and create credit. Without loans many people wouldn't be able to buy a house or a car, and the economy would collapse. Government regulates the banks to make sure they are being fair to their clients.
The Gospel Wealth is <span>An essay written by Andrew Carnegie in 1889 that described the responsibility of philanthropy by the new upper class of self-made rich. The central thesis of Carnegie's essay was the peril of allowing large sums of money to be passed into the hands of persons or organizations ill-equipped mentally or emotionally to cope with them. As a result, the wealthy entrepreneur must assume the responsibility of distributing his fortune in a way that it will be put to good use, and not wasted on frivolous expenditure. The very existence of poverty in a capitalistic society could be negated by wealthy philanthropic businessmen and women.
Carnegie said
</span><span>No charity because it would create dependency - Carnegie</span>
Answer:Is this a yes or no question?
Explanation:
The federal govt has the power to maintain a military
<u><em>Corporate structure and frenzied investment/speculation, insufficent grass to support long drives, ranges were shrunk by railroads, severe weather in 1885-1887.</em></u>
<u><em>The cattle frontier ended because barbed wire was invented, which replaced the need for cowboys. Weather also influenced the downfall, as blizzards trapped herds and droughts caused fire. These disasters destroyed land, and many animals were lost. </em></u>