The Federal Reserve (the Fed) is the central banking system of the United States. One of it functions is to manage the nation's money supply through monetary policy in order to maintain the stability of the financial system and the economy.
The Fed had the power<em> to increase the money supply</em>. If the Fed believes that the economy is operating well below its potential level of output, the money supply is <em>increased in order to stimulate the output and employment</em>. Output is the quantity of services and goods produced.
To increase the money supply means that people will have <em>more or excess</em> <em>money</em> to spend. Consumption will <em>increase</em>, people will demand more goods and services. Some may want to deposit the excess money in banks making the bank's excess reserves richer ( banks will own more money). If the banks own more money, they are willing to lend more. Banks will<em> lower</em> <em>interests rates</em> to motivate borrowing.
As the result of increased consumption and investment ( more money available, lower interests rates ) the country's<em> GDP will increase</em>. GDP is the market value of all the goods and services produced in the USA during a specific time.
Athens was the polis run by democracy; (basically the voice of the people.) With this, all the citizens gather and discuss/decide major issues and nominated the officials.
Sparta was run by 2 kings and geruisa as a form of council body and was very much a militarist dictature state.
Answer:
The cause of world war one
Explanation:
World war one was caused by the death of Archduke Franz Ferdinand. He was murdered by a gang called the Black hand gang. The leader of this notorious gang was Dragutin Dimitrijevic. He was a Serbian who wanted freedom for his country. What he didn't know was that Franz Ferdinand was actually trying to negotiate with Serbia. He was shot by Gavrilo Princip (one of the members of the Black Hand gang. Princip was 19) Ferdinand and his wife Sophie were killed on 28th June 1914. Sophie was pregnant at that time so their child (soon to be born) didn't survive. This caused anger but there was another series of events which actually caused the war. Through her alliance with Britain, Japan declares war on Germany and attacks the German colony of Tsingtau in China. World War one officially started on 28th July 1914.
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The ancient Egyptians used papyrus to make paper, baskets, sandals, mats, rope, blankets, tables, chairs, mattresses, medicine, perfume, food, and clothes.
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