Credit is essentialy a loan given that is paid back with interest. Arguably, credit caused the Great Depression. Many Americans invested in the stock market with credit when they did not have the money, so when a recession in the stock market occurred, many stockholders were in huge debt. Banks that lended money were out of money, and depositors lost money. This caused homes to foreclose, and because of the decrease in consumer purchasing power (people were in debt), companies laid off workers and unemployment rose.
The correct answer is True.
<em>It is </em><u><em>true </em></u><em>that a production possibilities frontier represents the different choices or trade-offs a society faces.
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In an economy, a production possibilities frontier or PPF is a transformation curve where economist can identify the máximum number of possibilities of two goods when resources are fixed. This serves a Company that has limited resources to make a decision on two things. The graphic shows a curve; one good in the “x” axis and the other one is in the “y” axis.
It killed almost 50% of the population. They were devastated. Because there was no cure for it, they turned their faith towards God.
Answer:
Palestine, in the last period of the Ottoman Empire, was first linked to the state of Sidon, later to Syria and then to Beirut, which was founded in the last period. The Ottomans ruled in Palestine for 401 years. Palestine was and still is a region of great importance for Muslims, Christians and Jews.
Explanation:
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