Banks usually use the deposits of their customers and use it as a loan to another, like for example. Say that I deposited $800 to the bank and u walk in and say u need a loan of $800 to help u buy a Honda, first before the bank gives u the money, they will check your credit score to see if u are reliable and trust worthy to get the loan and give it back to the bank, so they check your score, if its good they will loan u the money, but in some banks, they give it to u, but some people don't realize that banks are making more money cause while they loan, they can charge u fees like say monthly, just by giving u the money to loan, so that's why its better to buy a car in cash forward rather than ask a loan, cause banks are going to give it to u, but when u give it back to them they will charge u a fee just by getting a loan from them. If u don't repay them or loan them back, they can take the money by FORCE : that means they can just take it out of your card and can use the authorities as a shield and tell them why so they can have that as a reason, so that's why its called ''repossession'' of where the bank takes your things if u don't loan them back.
The American Revolution had an important alliance with France in 1778, after having their trust by winning the battle in Saratoga. The French not only recognized the new United States but also trade concessions and privileges. One year later in 1779, Spain joined the war against the UK in the side of France. The French decision to join the infant United States in its fight for independence was by far the most important factor in America’s winning the Revolutionary War.
That no man should have his own possessions or land, everything is to be shared, and that way classes are eliminated and no one is on top ( rich vs. poor ). However it still usually fails and someone is always on top.
Being a sharecropper or raising cotton in 1875 in Mississippi is exhausting, demeaning and destroys personal initiative. Being a share cropper might mean that you will have a little something left over for yourself if you have a very good crop. But without good crops, you will have nothing. My family and I work in the fields from sun up to sundown. We don’t own the land we work on. Our owner lets us grow crops on his land and takes a percentage of any profit. Sometimes we make enough money to have enough to eat and clothe ourselves. But it is more often that we just barely scrimp by. We eat what we can grow and on occasion, we can kill a chicken that we have raised. It is not a life you would wish on anyone.
Explanation:
Defer to the decisions of the elected branches of government.
