Answer:
The answer is pretty straight forward.
There are several types of accounts such as,
Savings accounts: these accounts are used to save money and have a low interest rate. can deposit and withdraw money any time.
Fixed Deposits: these deposits provide a higher interest rate yet the deposit has to remain a fixed period of time and cannot withdraw or deposit as you wish.
Current accounts: The type of accounts allows the users to do transactions in cheques and allows bank overdrafts as well. However, they don't provide an interest income.
Apart from this main 3 types, there are many other variations of these accounts that have similarities to these accounts. following is a list of them,
- Checking Accounts
- Dividend/Interest Checking Accounts
- A Money Market Account
Explanation:
Ans: Through the 1920s, Britain's economy was already struggling to pay for the effects of World War I. Then, in 1929, the US stock market crashed. ... The value of British exports halved, plunging its industrial areas into poverty: by the end of 1930, unemployment more than doubled to 20 per cent.
A) the United States is a relatively large country with diverse resources
Answer:
"Mercantilists also believed that a nation's economic health could be assessed by its levels of ownership of precious metals, like gold or silver, which tended to rise with increased new home construction, increased agricultural output, and a strong merchant fleet to provide additional markets with goods and raw..."
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