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The following were the challenges faced by North Carolina’s banking system in the early 1800s:
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There was too much paper currency -
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The paper currency that was in circulation, which was actually a promissory note, had become a very common method of payment.
The problem of the storage and reciprocation of this currency had already started to become a huge problem.
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Rural areas did not have many banks -
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Though substantially large populations also lived in the rural areas, the network of banks had not yet reached rural areas. As a result, a large faction of the population was being left out of the banking system.
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Bartering and trading were very common -
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Though the system of paper money had bee introduced already, many people still continued to use the same old bartering system in which the exchanged commodities for commodities.
Answer:
The Treaty of Paris, signed in Paris by representatives of King George III of Great Britain and representatives of the United States of America and Canada on September 3, 1783, officially ended the American Revolutionary War. The treaty set the boundaries between the British Empire in North America and the United States of America, on lines "exceedingly generous" to the latter. Details included fishing rights and restoration of property and prisoners of war.
This treaty and the separate peace treaties between Great Britain and the nations that supported the American cause—France, Spain, and the Dutch Republic—are known collectively as the Peace of Paris. Only Article 1 of the treaty, which acknowledges the United States' existence as free, sovereign, and independent states, remains in force.
Answer:
conformity
Explanation:
Conformity -
It refers to the act of relating and matching to the behavior , acts or beliefs of other person or any norm of the society , is referred to as conformity .
This process is shown in the day to day life of people living in a society .
The person agreeing or relating to other thoughts , as the person follows the society rather his or her own thoughts and belief .
Hence ,
From the given scenario of the question ,
The correct answer is conformity .
Decrease, us imports decrease and us net exports will not change
