Hatred Everyone's on a power trip. No one's humble. No one subscribes to "Live & Let Live". Muslims don't believe in treating others the way you want to be treated. They believe in double-standards.
The 6 key elements of Magna Carta are described according to specific clause. These include the following:
a. The first clause of Magna Carta guarantees the freedom of the English Church. This implies separation of church and government, so there will be no inclusion of church in politics or vice versa.
b. Clause 13, the city of London shall enjoy all its ancient liberties and free customs, both by land and by water. As an example, they have the right to choose its own mayor -- political freedom.
c. Clause 39, established the idea that people could only be judged according to the law, and that even the king himself had to follow the law. It stipulates that a person should be judged by a group of their equals (not by the king or his men). The same concept that someone isn't convicted unless found guilty on the court.
d. Clause 40: “To no one will we sell, to no one deny or delay right or justice.” It ensures that nobody will be deprived of their rights, or have to pay for their rights, or be made to suffer by waiting for their rights. This should be a constant reminder for politicians or ay government body nowadays as well as for the future.
e. Clause 12, the king could not demand new taxes without first obtaining the approval of the key people in his kingdom. A country can get indecency using this clause, by not being under the control of other countries.
f. Clause 61, the barons the right form a committee who would monitor the king and take action against him if he failed to honor his agreement to them and to the freemen of his kingdom. This is still existent nowadays as there are different bodies of the government, in which they must go hand in hand to do what is rightful.
Answer:
D. Members of Congress are charged with representing their constituents while considering what is best for the nation as a whole.
Explanation:
The correct answer is option D.
This is because, members of Congress represent their respective constituency but they also help make policies and decisions that would not only benefit their constituents but also for the progress of the country.
They are sent there as an important arm of government that would help safeguard the country.
The author included the information about 1920 and 1925 because that was the time the U.S economy expanded rapidly, The Roaring Twenties. Until 1925 there wasn’t legal requirement to separate the operations of commercial and investment banks, the investment banking was consisted of <em>JP Morgan & Co, Kuhn, Loeb & Co, Brown Brothers and Kindder, Peabody & Co</em>. Their funds could be used to fund the underwriting business of the investment baking side.
In 1929 everyone was putting their savings into stocks, not only the wealth part but the poor part too and because of that the stock market reached the peak in August 1929. But than the production declined causing unemployment and with that the stock prices were much higher than their actual value. The economy was struggling, the debt was rising and the banks had and excess of large loans that couldn’t be liquidated.
In the 1930s over 9,000 banks failed because people didn’t trusted them to put their saving. The Great Depression the official unemployment rate was 25% and the stock marked declined 75% since 1929. But in 1933 now with Rooselvet’s administration he took immediate action about the economic woes first announcing that all banks would close, Bank Holiday. The Congress would pass reform legislation and reopen the banks. In “<em>first 100 days</em>” Roosevelt’s administration stabilized the industrial and agricultural production and created jobs and also created the Federal Deposit Insurance Corporation (FDIC) to protect depositors’ accounts and the Securities and Exchange Commission (SEC) to regulate the stock market and prevent what happened in 1929.
The big change between the crises in the 20s and 30s were all about who was in charge, President Hebert Hoover didn’t take much lead about the crises but Roosevelt did.
