Answer:
The banks' customers could not repay their loans.
People sold off bank stocks, making them worthless.
People stopped taking out loans because they were bankrupt.
The Federal Reserve Board reduced how much money it gave banks to loan.
Answer: because we shaped the earth to accommodate it for our needs.
Explanation:
Answer:
Key to this is the concept of a social contract. This is kind of like a hypothetical agreement between subjects or citizens and an authority or a ruler. So, it's not as if we sign a piece of paper or anything like that, but rather we kind of form a contract among ourselves to maintain order. Different philosophers have different perspectives on what would happen in a state of nature. Let's talk about three major philosophers who wrote about the idea of a state of nature.
