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liubo4ka [24]
3 years ago
13

What was Theodore Roosevelt opinion on american imperialism

History
1 answer:
Sveta_85 [38]3 years ago
8 0
<span>Roosevelt equated imperialism with masculinity and ambition while denouncing isolationism as lazy and cowardly. Roosevelt argued that imperialists were not greedy but courageous instead. He claimed that "we do not admire the man of timid peace. We admire the man who embodies victorious effort." </span>
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Was the United States justified in setting quotas on immigration after World War I ?
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Answer: yes they were hahah

Explanation:

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2 years ago
British prime minister george grenville annoyed the american colonists with the passage of
STALIN [3.7K]

Stamp Act

Grenville was the British Prime Minister from 1763-1765 and was most famous for his passage of the Stamp Act.

The Stamp Act was wildly hated by the colonists. The act required a tax on government stamps or seals which were necessary to make documents official. All legal documents and contracts would need this stamp and each were tax with the passage of the Stamp Act. The act was so despised it caused rebellion and had to be repealed.

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3 years ago
How did wealthy families show off their wealth during the Renaissance?
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The Renaissance took place in Europe during the 14th to 16th centuries with varying local features and causes. It was characterized by a change in the medieval worldview, where the presence of religious motifs was predominant, to the predominance of the reflection about the place of the human being in the universe.  

In order for this change to be financially supported, this was done by the wealthy people from the aristocracy and from the rising bourgeoisie who came to be known as <em>mecenae</em><em>.</em> These people would be honoured, painted and remebered by the artists they financed, publicizing their great cultural wealth.

3 0
3 years ago
Explain how banks are given the right to create money by the USA Government. In what form does the money take?
Gala2k [10]

Answer:

are intertwined. It is not just that most money is in the form of bank accounts. The banking system can literally create money through the process of making loans. Let’s see how.

Start with a hypothetical bank called Singleton Bank. The bank has $10 million in deposits. The T-account balance sheet for Singleton Bank, when it holds all of the deposits in its vaults, is shown in Figure 1. At this stage, Singleton Bank is simply storing money for depositors; it is not using these deposits to make loans, so it cannot pay its depositors interest either.

The assets are reserves ($10 million). The liabilities + net worth are deposits ($10 million).

Figure 1. Singleton Bank’s Balance Sheet: Receives $10 million in Deposits.

Singleton Bank is required by the Federal Reserve to keep 10% of total deposits, or  $1 million, on reserve to cover withdrawals. It will loan out the remaining $9 million. By loaning out the $9 million and charging interest, it will be able to make interest payments to depositors and earn interest income for Singleton Bank and make interest payments to depositors (for now, we will keep it simple and not put interest income on the balance sheet). Instead of becoming just a storage place for deposits, Singleton Bank can become a financial intermediary between savers and borrowers.

This change in business plan alters Singleton Bank’s balance sheet, as shown in Figure 2. Singleton’s assets have changed; it now has $1 million in reserves and a loan to Hank’s Auto Supply of $9 million. The bank still has $10 million in deposits.

The assets are reserves ($1 million) and loan to hank’s auto supply ($9 million). The liabilities + net worth are deposits ($10 million).

Figure 2. Singleton Bank’s Balance Sheet: 10% Reserves, One Round of Loans

Singleton Bank lends $9 million to Hank’s Auto Supply. The bank records this loan by making an entry on the balance sheet to indicate that a loan has been made. This loan is an asset, because it will generate interest income for the bank. Of course, the loan officer is not going to let Hank walk out of the bank with $9 million in cash. The bank issues Hank’s Auto Supply a cashier’s check for the $9 million. Hank deposits the loan in his regular checking account with First National. The deposits at First National rise by $9 million and its reserves also rise by $9 million, as Figure 3 shows. First National must hold 10% of additional deposits as required reserves but is free to loan out the rest.

The assets are reserves (+ $9 million). The liabilities + net worth are deposits (+ $9 million).

Figure 3. First National Bank’s Balance Sheet: Required 10% Reserves

Since the loan to Hank was deposited into a demand deposit account (Hank’s checking account), the loan increases the M1 money supply. Making loans that are deposited into a demand deposit account increases the M1 money supply. Remember the definition of M1 includes checkable

Explanation:

Because all currencies are fiat currencies, which means they are NOT backed by gold & silver. This allows private banks to create money out of thin air and lend it to governments. This is the root of inflation and the recent financial crisis.

If you think about the following: 2,000 years in Ancient Rome you could walk into a clothes store and with a one ounce gold coin you could buy yourself a nice robe, sandals, etc. and get well dressed for one gold coin. Today you walk into a department store in NYC, London, Milan or Tokyo and with a one ounce gold coin you can buy yourself a suit, shirt, tie, socks, shoes & belt. The value of a one ounce gold coin today in just over USD$1,700. Interesting to see that a gold coin 2,000 years ago buys you the same today.

If you look into monetary history you'll find that every time currencies were backed by gold & silver there was no inflation and economy thrived. The sooner we go back to this system, the sooner the economy will sort itself out.

The good thing is that the Swiss government are going to have circulate Swiss Franc gold coins as an alternative currency to the paper money Swiss France in Autumn this year. In Utah, USA a silver coin currency is already circulating as an alternative to the US dollar, 12 other US states are about to follow. Also the Mexican government is about to approve the circulation of silver coins as an alternative to the peso. So it's already coming...

3 0
3 years ago
The stories and beliefs about the past the create a shared culture in a community are known as
kobusy [5.1K]

Answer: History as a common memory

Explanation: That's write

7 0
3 years ago
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