1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
blsea [12.9K]
4 years ago
6

Why was the central government unable to pay its debts to foreign countries?

History
1 answer:
ololo11 [35]4 years ago
7 0

Answer:When a company fails to repay its debt, creditors file bankruptcy in the court of that country. The court then presides over the matter, and usually, the assets of the company are liquidated to pay off the creditors. However, when a country defaults, the lenders do not have any international court to go to.Sovereign debt is a promise by a government to pay those who lend it money. It is the value of bonds issued by that country's government. Investors have to consider the government's stability, how the government plans to repay the debt, and the possibility of the country going into default.1  Foreign governments hold about a third of the public debt, while the rest is owned by U.S. banks and investors, the Federal Reserve, state and local governments, mutual funds, and pensions funds, insurance companies, and savings bonds.

You might be interested in
Why did business leaders oppose government regulation of business
BlackZzzverrR [31]
They formed trust and monopolies

4 0
4 years ago
In a democracy, the government rules by the consent of whom?
bixtya [17]

Answer:

People

Explanation:

A democracy is formed by the principle of popular sovereignty, which kinda means rule by people.

3 0
3 years ago
Plz, help 30 points! plz do it
Vinvika [58]
The correct answer is I belive b and c
4 0
3 years ago
Read 2 more answers
list the actions taken by the first Congress and the first president of the United States during the early years of the new gove
ad-work [718]
Congress- coercive act, intolerable act, Boston port act
   
President- <span>Bill of Rights, started the principle of national taxation, nation's court system</span>
8 0
4 years ago
Which of the following executive departments administers federal tribal laws? A. Department of Homeland Security B. Department o
andrew-mc [135]
The correct answer for the question that is being presented above is this one: "D. Department of Native American Affairs." The executive department that administers federal tribal laws is the <span>D. Department of Native American Affairs</span>
8 0
3 years ago
Read 2 more answers
Other questions:
  • What was Isabella d'este's family background and her position in Italian society
    13·1 answer
  • Which Indian mathematician and astronomer wrote that watch was a rotating sphere
    12·1 answer
  • “Senate Rejects Supreme Court Nominee”
    6·1 answer
  • Select the best description of why most wealthy northern merchants supported Alexander Hamilton's ideas:
    11·2 answers
  • Most of the immigrants to the united states from the mid-1990s to the present day have come from
    5·1 answer
  • What represents the right side of the economy?
    12·1 answer
  • Which describes Southerners' reactions to President Lincoln's issuance of the Emancipation Proclamation?
    7·2 answers
  • People who lived in groups developed there own customs hunted and gathered and produced cave art can be considered a civilizatio
    5·1 answer
  • Select the four ways in which the Erie Canal affected the United States.
    6·2 answers
  • Which state would NOT have supported the virginia plan at the constitutional convention?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!