<span>The headright system was originally created in 1618 in Jamestown, Virginia. It was used as a way to attract new settlers to the region and address the labor shortage. With the emergence of tobacco farming, a large supply of workers was needed. New settlers who paid their way to Virginia received 50 acres of land.
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Answer:
Mutual fund offers lower costs, convenience, and diversification. Investors use convenience of mutual fund so as to get portion of equity to their portfolios than buying individual shares.
<u>ANSWER:</u>
The correct option is A: The country was in recession.
<u>EXPLANATION:</u>
- When Obama became the president in 2009, the country was in great recession and financial crisis. Obama's main challenge was to fight and do away with the recession of 2008 that had hit the country hard.
- Obama was successful in fighting this recession. He not only announced an economic stimulus package for the country but also cut taxes and funded public works.
- By investing in the country, Obama was able to get the country out of recession in a few years.
He basically was spreading all of his ideas