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2 years ago

What were some challenges to North Carolina’s banking system in the early 1800s? Check all that apply.

1 answer:

7 0

<h2>The following were the challenges faced by North Carolina’s banking system in the early 1800s: </h2><h2> </h2><h3><u>There was too much paper currency - </u></h3>

The paper currency that was in circulation, which was actually a promissory note, had become a very common method of payment.

The problem of the storage and reciprocation of this currency had already started to become a huge problem.

<h3><u>Rural areas did not have many banks - </u></h3>

Though substantially large populations also lived in the rural areas, the network of banks had not yet reached rural areas. As a result, a large faction of the population was being left out of the banking system.

<h3><u>Bartering and trading were very common - </u></h3>

Though the system of paper money had bee introduced already, many people still continued to use the same old bartering system in which the exchanged commodities for commodities.

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2 years ago

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Postmodern theorists such as Baudrillard refer to __________ as a situation in which the simulation of reality is more real than

Lynna [10]

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hyperreality

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Postmodern theorists such as Baudrillard refer to <u>hyperreality</u> as a situation in which the simulation of reality is more real than experiencing the event itself.

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3 years ago

How do the authors use reasoning in these excerpts? check all that apply. plato uses inductive reasoning by starting with specif

ohaa [14]

The use of inductive reasoning shows the drawing of conclusions by going from the specific to the general and goes from general information to specific conclusions

Thus, the use of deductive reasoning shows making logical premises and basing a conclusion around those premises and the use of abductive reasoning shows an observation or set of observations and then seeks the simplest and most likely conclusion from the observations

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This refers to the use of logic to come to a conclusion about a set of data through the use of a premise.

The use of inductive reasoning shows the drawing of conclusions by going from the specific to the general and goes from general information to specific conclusions

Hence, we can see that your question is incomplete, so I gave you a general overview to help you get a better understanding of the concept.

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1 year ago

Describe the impact of scarcity on economic decision making. What happens when products and resources become less available? How

Savatey [412]

The impact of scarcity on economic decision making is that it can limit the choices of the consumer in the economy.

when products and resources become less available then there would be scarcity which will affect the decision of the consumer.

<h3>How does the scarcity of resources affect the decision making of the consumers?</h3>

Scarcity as a key concepts of economics can affect the choice of the consumer because it will limit their choices in making decision.

Therefore this will make them to make their choice out of the limited resources to meet their basic needs.

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2 years ago

Ionic Bonds are formed when oppositely charged ions attract; electrons are transferred. True or False ?

Marysya12 [62]

TRUE: any positively charged object will be attracted to any negatively charged object. It does not matter how the objects acquired the charge, the attraction only depends on the amount of charge, and the distance between the two charged objects.

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3 years ago

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