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BartSMP [9]
3 years ago
7

Which two statements reflect characteristics of the Virginia Plan?

History
1 answer:
Olin [163]3 years ago
4 0

Answer: proposed a bicameral legislature,

determined the representation in the legislature based on state population.

Explanation: The Virginia plan proposed the establishment of a bicameral legislature. It I also proposed the representation of states based on their population and numbers. The Virginia plan also advocated for the establishment of 3 tiers or branches of government namely: executive arm of government, legislative atm of government and judiciary arm of government. These arms of government were formed to create a system of check and balances for those working with the government.

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overproduction of goods and the expansion of unbridled credit by banks.

Explanation:

The Great Depression of the 1930s was the largest recession in history and its causes were overproduction of goods and the expansion of unbridled credit by banks.

The American economy was experiencing a period of euphoria during the 1920s. The US had become the world's leading economic powerhouse and was the largest supplier of manufactures to Europe. In this scenario, banks have expanded their credit rampantly to sustain the increase in production. However, production increased in a way that there was not enough consumer market to dispose of the products. The businessmen lost the conditions to pay their loans to the banks and the financial system collapsed.

Currently, the Federal Reserve has regulatory mechanisms that aim to reduce the risk of unbridled expansion of bank credit, such as the collection of the compulsory deposit and monetary policy. However, it is not possible to say that the risk is non-existent. We live in a special moment where technology has positive impacts, but can also cause negative havoc. For example, virtual currencies, if not well regulated, can cause a new crisis.

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What did stalwart support?
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The stalwarts, or half breeds, created the Pendleton Civil Service Reform act in an effort to achieve civil service reform.

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Election of 2008 was historically significant for women because
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Answer: Hello, I will help you :) and Good morning

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