Answer:
Alexander Hamilton belonged to the Federalist Party, which supported the idea of a strong central government. He thought that the federal government should be able to keep a strong army and navy, to raise taxes, and to have good relations with Great Britain.
James Madison was on the opposite side. He was a member of the Democratic-Republican Party. This party favored a weak central government, and favored state and local power.
The biggest rift between Hamilton and Madison came when the issue of a federal bank came up in Congress. Hamilton wanted to create a Central Bank to take on the debts of the states, and to fund future programs and armies, Madison, as anti-federalist, naturally opposed this idea.
This rift was solved with the Compromise of 1790. The southerners, including James Madison, agreed to the creation of a national bank in exchange for having the new capital in southern territory (Washington D.C.).
Answer:
credit; property.
Explanation:
A financial institution can be defined as corporations that act as an intermediary between capital (debt) markets and the consumers by providing a broad range of business and financial services such as loans, savings, investment, insurance, and other monetary transactions.
Generally, all financial institutions are regulated by the central bank of a country to control the supply of money in the market and protect customers (consumers). Some examples of financial institutions are commercial banks, brokerage firms, credit union, investment banks, asset management firms, etc.
A credit can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.
Generally, a financial institution such as a bank giving out credits (sum of money) to eligible customers (borrowers), usually require that they provide a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the credit.
Hence, anybody that is interested in obtaining credit from financial institutions can use his or her property rights to do so.
A property right is the exclusive or sole authority which determines the legal ownership of resources and how these resources are to be used, whether by individuals or government.
Answer:
False.
Explanation:
Between 1870 and 1910, the number of Americans employed in agriculture fell by a third. This was due to the spread of new agricultural equipment. The main source of replenishment of the army of wage workers in the cities was the impoverished peasants who moved to the cities. The population moved from rural areas to cities in order to find work in large factories and manufactories.
There was a severe economic depression world-wide
Discovery and colonization.
