I believe that the correct option is C; the source of the passage is likely to be biased because the author is an example of the people he writes about.
Andrew Carnegie was a businessman native from Scotland, he emigrates to USA when he was a kid and at the early age of 18 he started working from the Pennsylvania Railroad Company, before that he had been working since he was 13 when he arrived United States but in the Railroad Company was where he stand out. At the age of 20 he was already the manager and apprentice of Thomas Scott, the owner of the company. Later he created the Carnegie Steel Company to be more focus on the iron business, he also had bought mines near the Pittsburgh area. That was the beginning of the construction of a big iron empire. Finally the Carnegie Steel Company was sold to JP Morgan in 1901 for $480 million dollars and there is were the philantropist career of Carnegie started.
Even thought he paid the minimun wage during his years as industrial, Andrew invest almost half of his salary in the creation of libraries, schools, universities and a trust fund for the oldest employees.
As a philantropist he donated money to different causes but his favorite was the construction of libraries troughout all America. He also give millons of dollars for the reconstruction of Johnstown Pennsylvania after a flood that he felt responsible for. And finally he build in Manhattan the famous Carnegie Hall.
The correct answer is:
D. Too many risky loans given out.
Explanation:
The economic crisis of 2008, which was one of the worst economic crisis in the world, began when too many risky loans were given out to people who couldn't afford to pay back so eventually the debts became bigger than the money available, leading the bank system to almost collapse.
Risky loans were given to people mainly when they wanted to buy a house, because mortgage brokers sold the risky mortgages with the good mortageges to investors and banks, and because the house market was rising everybody was making money, but the bubble broke out because families were not able to pay their mortgages because of the interest rates and as more credit was given the house prices started to fall, so there was a huge debt and no one to pay for it.
the answer would be market demand curve
I took the quiz yesterday
Answer:
Women were always an important part of the abolitionist movement in and beyond the United States. Though they were not formally admitted to the earliest abolitionist societies in America, both black and white women shaped antislavery discourses by aiding fugitive slaves and circulating antislavery literature.
Explanation:
