The bank wants to give you an incentive to pay back the loan. If they did not hold your assets as collateral, you could simply fail to pay back the loan and really not lose anything other than your credit score. Many borrowers already have tarnished credit scores, so that is rarely enough incentive to base a loan on.
I would put this into your own words considering I copied and pasted it. Other than that I hope this helps!
North America, South America, Asia,Europe,Anartica,Africa,Australia Atlantic ocean Pacific ocean Atrtic ocean Indian ocean
Answer:
a lack of immunity to certain diseases
Answer:
Hoover took a hands-off approach, and Roosevelt did the opposite.
Explanation:
Herbert Hoover was under the impression that the stock market crash of 1929 was a simple market correction, that it would go away if everybody just acted like everything was normal, and that markets simply do these things from time to time. By the time Roosevelt took office in 1933, he understood that no quick solutions were to be had. He did start a lot of public works projects, like the Works Projects Administration (which gave a lot of people short-term employment teaching, painting post office murals, and cleaning up public lands) and the Tennessee Valley Authority (which put a lot of broke farmers to work putting a utilities infrastructure in place in parts of the South, putting the pieces of a post-agricultural economy in place).
He also instituted several "bank holidays" to discourage panic-driven depositors from taking all their money out of their banks. Austerity became the new normal in America and stayed that way until the US entered World War II.
Answer:
Economies.
Explanation:
The is also referred to as European Recovery Program and it was an assistance program of the United States of America to Western Europe. It was enacted by the 80th US Congress and signed into law on the 3rd of April, 1948 by President Harry S. Truman.
The US-sponspored program was revealed by the U.S Secretary of State, George C. Marshall and it was focused on promoting general welfare, global peace, and national interest through strong economic and financial interventions.
Hence, the goal of the Marshall Plan was to help countries in Western Europe resist communism through strong economies by stimulating an effective level of production and by extension the buying and selling of goods between various countries (world trade).
