Answer:
1. shortage of consumer goods
2. Wasteful and inefficiency
3. Loss of Human life
Explanation:
Answer:
The answer is: "People move to growing cities to take available jobs."
Explanation:
In order to know the answer, it is best to learn what<u> "urbanization" </u>means.
Urbanization- This word is defined as the process of making an area more urban (town or city). An area becomes more urbanized when there is a population increase. They are directly proportional to each other. The higher the number of people going to one area, the more likely the area becomes urbanized.
A population increase means more people need to look for more jobs. <u>So, they move to a place where they can easily find a job. This is the reason why they move to growing cities. </u>This affects the growth of the economy.
<u>Economic growth</u> means there's an increase in the value of goods and services being produced by an economy over time.
Thomas Jefferson feared that a national bank would establish a financial monopoly that may threaten state banks and adopt policies that favoured financiers and merchants, who typically act as creditors, over plantation owners and small-scale farmers, who typically act as debtors.
Who was Thomas Jefferson?
American statesman, lawyer, builder, philosopher, and Founding Father Thomas Jefferson presided over the country as the third president from 1801 to 1809. Prior to that, he served as George Washington's first secretary of state and John Adams' second vice president. The fundamental and universal ideals of self-government that Jefferson outlined in the Declaration of Independence will always be praised for serving as the foundation of the American national ideology.
Hence, Unlike Hamilton Thomas Jefferson feared that a national bank would establish a financial monopoly that may threaten state banks and adopt policies that favored financiers and merchants, who typically act as creditors, over plantation owners and small-scale farmers, who typically act as debtors.
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