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zhenek [66]
3 years ago
15

Consumers should be concerned about high interest rates because high interest rates __________.

History
1 answer:
son4ous [18]3 years ago
8 0
Consumers should be concerned about high interest rates because high interest rates make it harder and more expensive to pay back loans and debts, since the banks charge more interest that is often compounded monthly or yearly. 
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2 Points
Julli [10]

"Worked for a national income tax to help poor people" was one action that Progressives took to help poor people.

<u>Answer:</u> Option A

<u>Explanation:</u>

The decades ago, democrats introduced a national income tax with the concept of paying a greater rate for those who earned more than for those who made little. The 16th Amendment in the Constitution was adopted on 3rd February 1913, nearly a century ago requiring a federal income tax.

For an instance, a sales tax on luxury goods, an income or property tax, a sales tax deduction on basic services can be portrayed as having progressive effects, as it hike the tax liability on greater income households while cuts it on low income households.

3 0
3 years ago
What economic system promises security but not freedom and choice?
djverab [1.8K]
Socialism

Socialism advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. This denies the individual the opportunity to make their own free choices as it limits them politically and economically.



5 0
3 years ago
Why would people declare their independence from governments?
tino4ka555 [31]
If their rights were being infringed upon, saw rules/laws as unjust or unfair
4 0
2 years ago
Which of the following would most likely be true if you met a traveler from persia in 550 bce
frez [133]
He would believe in one god
4 0
3 years ago
Read 2 more answers
What action spurred Spain, France, the Netherlands, and England to begin their own sea explorations
harkovskaia [24]

There is multiple reasons. One of those reasons being that those nation's were extremely Catholic. So all these counties were Catholic religion based and their idea was that they needed to spread the faith and religion. It was to them their lives calling and duty. Britian starting spreading out as far as over seas to get out and let the people know and the other nations felt they needed to catch up and started to look at it as a competition instead of the team effort. They believed the more they soreaded the faith out the more God would reward them. That's one of the main reasons that those counties spreaded out, to find economic growth and find their faith.

Hope this helped

7 0
3 years ago
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