It was a law mandating religious tolerance for Trinitarian Christians.
I think its 100,000 meters
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The industry in the North of the USA was developed at first thanks to the development of agriculture in the South of the country. US Industrialization was facilitated by a unique confluence of geographic, social and economic factors. The post-American Revolution remained low relative to its European counterparts and the demand for labor created strong incentives to mechanize labor-intensive tasks. The East Coast of the United States, with a large number of rivers and streams along the Atlantic coast, including many potential sites for the construction of mills and the necessary infrastructure for scientific industrialization and early technology. A wide range of natural and social resources, together with a large supply of work made up of surpluses of rural domestic workers and the massive immigration of European countries allowed for industrialization. The supply of labor was an advantage of American industrialism than of European. After the closure of the American Revolution in 1783, the new government always gives solid property rights and a non-rigid class structure. The idea of issuing patents was brought to North America by the English, French, and Dutch settlers in the seventeenth and eighteenth centuries and adopted in Article I, section 8 of the Constitution of the United States authorizes the Congress "for promote the advancement of science and useful arts, ensuring for a limited time the authors and inventors the exclusive right over their respective writings and discoveries.These changes, together with the new techniques and requirements demanded by changing social norms, led to the introduction of new manufacturing techniques in colonial America that preceded the industrial and modern revolution.
The correct answer is indeed A) kept interest rates low.
Ok, let me try to resume.
When the central bank injects reserves, it encourages banks to lend out money at lower interest, attracting borrowers for this money and leading entrepreneurs to invest, once the higher interest rates would not be profitable. Interest rates coordinate savers and investors action. Investment requires resources to be frozen rather than consumed, meaning that less spending by the population reflects more resources available to fund these investments, resulting in a lower rate of interest.
When interest rates are pushed down by creating new money, the lower interest rate is not a representation of genuine savings by the public, it is artificially low. Increased business activity consumes resources while the population also keeps consuming more, causing a "tug-of-war" for resources between longer and shorter processes. When prices and interest eventually starts to rise, entrepreneurs find out their investment aren't actually profitable with these rates and are unable to complete the projects they started. This is the economic bubble, when the real economy can't withstand the perceived economy.
Now, finally going back into the answer.
During the late 1920s rates were kept artificially low by the Federal Reserve, sparking a boom, specially in the stock market, with prices rising up to 50 percent quickly. In 1929, once the government started tightening credit to cool down the overheated stock market it produced, the burst happened, leading the country into the Great Depression.
Sorry for the long explanation, hope you understand the concept ;)
J. P.
Morgan used his wealth to gain tremendous control over banking and
government finances in the late nineteenth century.
John Pierpont
"J.P." Morgan<span> <span>(April 17, 1837 – March 31, 1913) was an </span></span>American<span> <span>financier and </span></span>banker<span> <span>who dominated </span></span>corporate finance<span> <span>and </span></span>industrial
consolidation<span> during his time.</span>
The correct answer between all
the choices given is the third choice or letter C. I am hoping that this answer
has satisfied your query and it will be able to help you in your endeavor, and
if you would like, feel free to ask another question.
