<span>A parliamentary democracy does not have an individual executive but a presidential democracy does.
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The legislative program established during the Great Depression helped consumer lending was "The New Deal."
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What was the great depression?</h3>
The 1929–1939 Great Depression was a global economic depression that affected all countries.
Some key features regarding the great depression are-
- That industrialised Western world had never before faced a depression of such length and severity, and as a result, economic structures, macroeconomic policy, including economic theory underwent significant changes.
- Despite having its roots in the United States, this Great Depression had a profound impact on nearly every nation in the world, leading to sharp drops in output, high levels of unemployment, and acute deflation.
- No less startling were its social and cultural repercussions, primarily in the United States, in which the Great Depression was the country's greatest period of hardship since the Civil War.
- In contrast to Japan and parts of Latin America, where it was milder, the Depression was notably prolonged and severe with in United States and Europe.
To know more about the great depression, here
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Answer:
A fixed exchange rate is a regime applied by a government or central bank ties the country's currency official exchange rate to another country's currency or the price of gold. The purpose of a fixed exchange rate system is to keep a currency's value within a narrow band.
Explanation:
In 2018, according to BBC News, Iran set a fixed exchange rate of 42,000 rials to the dollar, after losing 8% against the dollar in a single day. The government decided to remove the discrepancy between the rate traders used—60,000 rials—and the official rate, which at the time was 37,000.
How are we going to do this for you and you do not have a book
