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The following were the challenges faced by North Carolina’s banking system in the early 1800s:
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There was too much paper currency -
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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.
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Rural areas did not have many banks -
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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.
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Bartering and trading were very common -
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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.
high key I need help with this question
"The colonies were similar because they both contained people seeking new and better lives. ... The northern colonies were for mostly the middle class who could afford to live. Many people and immigrants came to America because they were poor and the most opportunities for jobs were in the south."
"The Middle colonies and New England had few slaves, while the southern colonies had africans as much of the population. Most southerners were poor men seeking work, while most northern immigrants were in the middle class. The colonies were similar because they both contained people seeking new and better lives."
I hope these help!:)
The king held the highest position in society and priests, warriors, and merchants were also part of the upper class. The Maya believed their rulers were related to gods. Rulers were involved in religious ceremonies, led battles, had beautiful clothing/jewelry, and Kings wore huge feather headdresses and capes of cotton, jaguar skins, and feathers. Priests led religious ceremonies and were the most educated. Warriors fought battles with animal headdresses, jade jewels, and jaguar skin capes on their red and black painted bodies. Merchants directed trade among the cities and organized the transportation and distribution of goods. Together the members of the upper class controlled the politics, religion, and ceremony.
They needed people to work the factories with the men are gone to war.
