A, ruinous policies of taxation.
<span>The country that could find a direct route to the far east would have an advantage over all the other countries trading with the East. That is what Spain was looking for, an advantage over all the others. They got lucky and found a lot more. In fact, a direct route to the West Indies wasn't found until 4 years after Columbus discovered the new world.
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The results of the industrial revolution were worth the human cost. If you consider what are all the things which we have nowadays as a direct result of the industrial revolution, I think the answer should be quite obvious considering the abundance of goods and the subsequent development of society that followed.
The only example of a domestic policy from the list would be "<span>a law passed that funds military programs," since domestic policies have to do with issues pertaining to the country in question, not the relationship of the country with other nations. </span>
According to the FederalReserve The proposed bank must first receive approval for a federal or state charter. Before granting a charter, the OCC or state must be able to determine that the applicant bank has a reasonable chance for success and will operate in a safe and sound manner.
Next, the proposed bank must obtain approval for deposit insurance from the FDIC. And in addition approvals are required from the Federal Reserve if, at formation, a company would control the new bank and/or a state-chartered bank would become a member of the Federal Reserve.
<span>All insured banks must comply with the capital adequacy guidelines of their primary federal regulator (Federal Reserve, FDIC, or OCC). The guidelines require a bank to demonstrate that it will have enough capital to support its risk profile, operations, and future growth even in the event of unexpected losses. Newly established banks are generally subject to additional criteria that remain in place until the bank's operations become well-established and profitable.</span>
