The correct answer is: "The limited access to currency stifled business growth."
When the money supply is limited, there is scarcity in the money market and the interest rate (the price of money) rises. Therefore, through this price adjustment, equilibrum is reached in the market again.
High interest rates disincentivate investment because<u> borrowing funds to finance new projects has become relatively more expensive. Therefore, businesses will not conduct expansion policies</u> under this scenario.
William Levitt tried to justify his whites-only Levittown: “We can solve a housing problem, or we can solve a racial problem, but we cannot combine the two.”
Answer: B. gradually lost control over its own economy.
Explanation:
As the British continually traded with the Mughal empire, they began to exert more and more control over the economy like they did in China. They used this to push for favorable terms in trade for the British above other European countries like Holland.
This eventually culminated with the British simply conquering the Mughal empire and taking over India and its surrounding areas through the use of the British East India Company which was the principal company controlling trade.
Answer
One result of the Protestant Reformation was that Religious differences increased rivalries between nations
Explanation
Protestant reformation was a religious movement that caused split in the church..The main aim of this reformation was to modernize the continent and bring it into the current era and to belief in the modern beliefs.But the argument for a religious and political redistribution of power triggered wars, persecution and the counter-reformation.
