<span>A legal case from 1608 that has since been know as Calvins case established that Scottish citizens born after King James I unified Scotland and England were to have all the rights any Englishman was entitled to. There are some scholars who claim these rights would extend to any colonist born in British colonies, so should they ever be robbed they would be compensated.</span>
The correct answer is:
D. Too many risky loans given out.
Explanation:
The economic crisis of 2008, which was one of the worst economic crisis in the world, began when too many risky loans were given out to people who couldn't afford to pay back so eventually the debts became bigger than the money available, leading the bank system to almost collapse.
Risky loans were given to people mainly when they wanted to buy a house, because mortgage brokers sold the risky mortgages with the good mortageges to investors and banks, and because the house market was rising everybody was making money, but the bubble broke out because families were not able to pay their mortgages because of the interest rates and as more credit was given the house prices started to fall, so there was a huge debt and no one to pay for it.
Delegated powers= powers held b the National Government only. Provide two examples: 1.declare war and make peace 2.coin and print money; implied powers= they are not written in the Constitution but it is inferred that the National Government has these powers. concurrent powers= they are shared by the National and State governments. Provide two examples: 1.collect taxes 2.borrow money; inherit powers= they obviously belong to the National Government because it is part of the nature of being a National Government. Amendment 10 states that powers not given to the federal government by the Constitution belong to the States and to the people. __________ and __________ means that the National Government is allowed to carry out powers not listed in the Constitution if they are for the well-being of the nation. The elastic clause allows the National Government to stretch their powers and carry out the powers referred to in question before.
I tried so hard to answer the last two blanks. I don't know if I am right. I hope I helped.
C is the answer you’re needing
