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Nikitich [7]
3 years ago
6

What effects did the great depression have on the credit industry

Business
2 answers:
NikAS [45]3 years ago
8 0
It expanded the credit industry because all americans credit was effected by the great depression

lys-0071 [83]3 years ago
8 0
The Great Depression was caused by several things, but compound interest and other things that the credit industry finagled to get the most money out of their consumers was a definite cause. After the Great Depression, credit cards had much more strict regulations, much more.

<span>"Post War Era" I'm assuming meaning post-WWII, if so following WWII consumer borrowing had much stricter regulations in correlation with credit cards, as people could borrow or purchase things they couldn't afford and pay it off with a credit card.</span>
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In responding positively to a claim, begin the message with a. information promoting other products. b. the good news that you a
otez555 [7]

Answer:

Correct option is (b)

Explanation:

In business communication, when replying to a claim made by the customer, the sender should begin with the good news that customer's request is complied with. This should be done to gain the customer's confidence.

The customer might be looking forward to this in the reply and he will be happy to read that, thereby retaining the customer.

7 0
3 years ago
Journal entry for purchased goods from ABC Co. for Rs. 11,000.​
vladimir1956 [14]

Answer:

purchase A/c. Dr. Rs.11,000

To ABC CO.A/c. Rs.11,000

(being goods purchased in cash)

3 0
2 years ago
Which school of jurisprudential thought believes that promoting market efficiency should be the central goal of legal decision-m
german

Answer:

Law and Economics

Explanation:

Based on the information provided within the question it can be said that the school that is being described is the Law and Economics School of Jurisprudential thought. They promote market efficiency mainly due to the fact that they believe that markets are more efficient than the courts are in this modern world.

6 0
3 years ago
Wall Corporation exchanges old equipment for new equipment. The original cost of the old equipment was $100,000, and its accumul
victus00 [196]

Answer:

2. Credit equipment $100,000

3. Debit accumulated depreciation $60,000

Explanation:

When a company trades with another pieces of equipment gain or losses are recognized when there is commercia lsubstance. If not, then the trade-in equipment is posted as the net book value of the old equipment

In both cases, the old equipment is write-off  thus:

credit equipment for 100,000

and debit accumualted overhead for 60,000

Now, we look at the option that matches this. The information about the new assets is insuficient as we aren't given information about whether or not thre is commercial substance

6 0
3 years ago
Suppose 52% of students support the idea of paying student government officers. A random sample of 400 students is taken. What i
jeka94

Answer: The probability that fewer than 50% of the students surveyed will express support for paying student government officers is 8.501 × 10^-65

Explanation:

Since fifty two percent (52%) of the surveyed students support the idea of paying student government officers, it consequently means that 48% (100% - 52%) of students are against the idea or not in support of it.

To find the probability that less than or fewer than fifty percent (< 50%) of the 400 surveyed students are in support, we must obtain the actual number of students that represent 50% of the individuals surveyed.

= (50/100) × 400

= 200 students.

Therefore, we are to find the probability that less than 200 of the surveyed students are in support of the payment. This means that at least, 201 of the surveyed students are not in support of the payment.

Since, 48/100 generally represents the percentage of students that are not in support of the idea, then we multiply 48/100 by itself up to 201 times. The opinions of the other 199 surveyed students doesn't matter

= (48/100)^201

= 8.501 × 10^-65

4 0
3 years ago
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