Answer:
<em>The Federal Housing Finance Agency, regulator of Fannie Mae and Freddie Mac, announced that the two mortgage giants will now buy home loans that go into the government's forbearance program just after they close. Fannie and Freddie had not been doing that, and as a result, lending had tightened up dramatically. Fannie Mae and Freddie Mac created a liquid secondary market for mortgages. This meant that financial institutions no longer had to hold onto the mortgages they originated. They could sell mortgages on the secondary market shortly after origination. Selling mortgages freed up funds for creating additional mortgages.</em>
Explanation:
ANSWER: The Chinese society that was only known for its local tradition and martial arts became the fastest growing economy today, due to how the society became innovative and always hardworking.
EXPLANATION: The Chinese innovation in technology actually grew due to how the U.S and British invested into it's industrialization, because Chinese labor market was very cheap, and the population are also very sincere and hardworking. The U.S found this as an advantage to build it's industry at a very cheaper rate for labor, tax, land, and also government policy. It attracted so many investors to China because corruption was not high in it's government, and the citizens were sincere to foreigners and ready to work.
The Chinese were also a smart set of people that grabbed the innovation in technology and began to produce more innovative feature in the technologies that was brought to it's country. Though it's culture is still rich, but Technology has become richer that it's culture.
They are family, way of believing, and language! Hope I helped~
➡️The Habsburg Period in Spain is the collection of events between the 16th and 17th centuries.✔️
➡️It begins with the Holy elected emperor of the Roman Empire, Fredrick the III.✔️
➡️The Habsburgs, of Austrian descent, was the dominant ruling family at the time; the most significant rulers are noted as Charles I and Phillip II.✔️
