“First stage” will be the answer you are looking for hope this helps
John Kay was the inventor! :)
Hiope I helped!
Answer:
When the ordinance was adopted on December 20, 1860, South Carolina became the first slave state in the south to declare that it had seceded from the United States. ... The declaration also claims that secession was declared as a result of the refusal of free states to enforce the Fugitive Slave Acts.
Explanation:
Letter A is the correct answer.
Even though John B. Watson is considered to be father of behaviorism, Burrhus Frederic Skinner was the one who proposed the most extreme form of behaviorism which later was known as "radical behaviorism". Skinner was a North-american psychologist, Harvard professor, author and social philosopher. He published over 20 books and 180 articles and is well-known as the most influential psychologist of the 20th century.
Answer:
By encouraging inducement to save and also mobilising savings from the public, banks help to increase the aggregate rate of investment in the economy. This creation of credit, if it is used for productive purposes, greatly larges production and investment and thus promotes economic growth.
how?
The banking system plays an important role in the modern economic world. Banks collect the savings of the individuals and lend them out to business- people and manufacturers. Bank loans facilitate commerce.
Manufacturers borrow from banks the money needed for the purchase of raw materials and to meet other requirements such as working capital. It is safe to keep money in banks. Interest is also earned thereby. Thus, the desire to save is stimulated and the volume of savings increases. The savings can be utilised to produce new capital assets.
