The Great Leap Forward, intended to be a five-year effort, was halted in 1960 after three brutal years. The initiative is said to have cost an estimated 20 to 48 million lives as a result of catastrophic economic policy, compounded by adverse weather conditions including a flood that killed 2 million people and the subsequent crop failures that led to starvation. In addition to the fatalities, the Great Leap Forward had negative environmental impacts as communes were encouraged to set up "backyard" production plants for needed supplies such as steel, timber and cement. In 1960, an extensive drought further added to the country's troubles.
<span>To their members and their families.</span>
Answer:
Dark Age (C)
Explanation:
The dark age was a period of warfare and disorder in Greece so C. Hope this helps :)
The correct statement is," Bonds benefited the citizens who purchased them in a way that the government repaid the bond purchasers with interest." The correct option is D.
Bonds are such securities issued by the government or any other body to procure or raise funds, and interest is payable on them at a predetermined fixed interest rate.
<h3>Bond instruments </h3>
- Bonds are an instrument issued by a borrower to the public who subscribe to them as a token of proof that the borrower has raised such amount from the investor, payable at a fixed time period.
- Bonds generally are beneficial as they are comparatively secured investments than the equities and debts and give more interest than any bank deposits or saving accounts.
- Bonds may be issued by a Government or any other corporate body to raise funds for a specific purpose, which is payable at a fixed rate of interest predetermined at the time of issue of such securities.
Hence, the correct option is D that the government benefits the purchaser of bonds in the way of repaying such bonds with interests to its subscribers.
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