Bonds are considered very low risk for the very simple reason that they are backed by the power of the credit of the United States.
So, the only REAL risk for investors is that the United States default on its debts, that is, that they don't pay their debts. This could happen if all foreign owned debts are called in at once.
Answer: He made a risky gamble
Explanation: John Law made a bet with Lord Londonderry in August 1719 that East India Company stock would weaken over the following year. He lost the bet. It was this wager and not the collapse of the Mississippi bubble that ruined Law. On 28 December 1720, he fled France disguised as a woman and died in Venice nine years later, a poor man.
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The women that Helen Campbell interviewed in the 1880s preferred factory work over domestic service because the women sought good remuneration, respect, some time of leisure, and some other perks that they did not get by rendering domestic service.
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- The women who chose to involve themselves in domestic service were observed to be receiving the treatment that is usually given to maids.
- Moreover, they had to bear the mental and physical stress of managing the household and looking after the wellbeing of the entire family singlehandedly.
- Hence, women preferred factory work over domestic service so that they don't have to go through the things mentioned here and also receive the perks for being a factory worker.
Oil and silk because the Africans would make dresses out of the silk
Optimism is a cognitive process of looking at situations with favorable expectations of the future.
