<span>The rise of computer corporations like Microsoft and dot.com businesses signaled the advent of
a. industrial technology.
b. the global information age.
c. mass democracy.
d. entrepreneurial capitalism.
e. the speculative stock market.</span>
b
<span></span><span>All of the following proved to be characteristics of the new information age economy except
a. instant global communications.
b. high-tech computer and media businesses.
c. the decline of traditional occupations mediating between products and clients.
d. an end to the boom-and-bust capitalist business cycle.
e. outsourcing of white collar American jobs to Third World countries.</span>
d
Answer:
B
Explanation:
Control a heavily desired or needed supply/luxury that is only known to exist in 1 part of the world, and you have a monopoly on it, and you can control the price to your liking, and other countries can't do anything about it, so if they want it, they'll have to pay the price you set.
For depriving us, in many Cases, of the Benefits of Trial by Jury.
The Federal Reserve System was basically set up to stabilize prices and price hikes. As an individual who was working at that time and I earned a certain amount but 2 years later dairy prices increased for example 5%, and wages stayed the same, that would cause me to get scared and fearful of other price hikes and the interest I was earning on the money in my bank didn’t change or possibly went down and I started to loose money I would panic and go grab my cash thus creating a run on the banks and an unstable banking system, economic growth is pressured so widespread panic happened and I believe a few times and of course caused banks to close and fail or come close in the early 20th century, before the Fed was created and signed under Woodrow Wilson who himself was an isolationist. Stability is key! Also USA relied on banks that would invest cash on our own country bonds. Where was the steady supply of cash? There was none. Causing the economy to fail. Basically the Fed was a system of failing banks that were tied together being bailed out by Wallstreet financiers working with the Government and Secretary of treasury came up with plans and similar agreements arose with similar failing banks but not insolvent banks or trusts agreeing to insure even its weaker banks/members. It stretched across the country governed by a national board of directors who set interest rates and controlled credit. It also as it evolved had the ability to regulate and supervise banking activities. Also the Fed would make sure that banks could keep up with changes in the demand for currency. To make sure commercial paper was available and lend if needed. Believe me it gets to confusing for me beyond this but these are the basic facts I am aware of. Even the issuing of paper money based on???
