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The following were the challenges faced by North Carolina’s banking system in the early 1800s:
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There was too much paper currency -
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The paper currency that was in circulation, which was actually a promissory note, had become a very common method of payment.
The problem of the storage and reciprocation of this currency had already started to become a huge problem.
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Rural areas did not have many banks -
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Though substantially large populations also lived in the rural areas, the network of banks had not yet reached rural areas. As a result, a large faction of the population was being left out of the banking system.
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Bartering and trading were very common -
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Though the system of paper money had bee introduced already, many people still continued to use the same old bartering system in which the exchanged commodities for commodities.
I think the answer will be B. sliver and A. gold
I might be able to help!! i just need to know what time period or dynasty
Answer:
Piper's test is the Stanford Binet, and Taylor's test is the WAIS (Weschler Adult Intelligence Scale).
Explanation:
Both test are used to <em>measure one's </em><em>intelligence</em> but they both differ in the way of measurement.
Let's break them down:
- Stanford Binet: it is divided into 4 scales (verbal reasoning, visual/abstract reasoning, quantitative reasoning and short-term memory). All these give a single score, known as the G Factor; <em>general intelligence. </em>
- WAIS: it measures <em>different capacities </em>and provides scores for each of them. It measures verbal comprehension, perceptive reasoning, work memory and processing speed.
In this case, Piper is taking the Stanford Binet since she will receive a single score, while Taylor is taking the WAIS and will receive 4 separate scores for each.
