Answer:
The answer is pretty straight forward.
There are several types of accounts such as,
Savings accounts: these accounts are used to save money and have a low interest rate. can deposit and withdraw money any time.
Fixed Deposits: these deposits provide a higher interest rate yet the deposit has to remain a fixed period of time and cannot withdraw or deposit as you wish.
Current accounts: The type of accounts allows the users to do transactions in cheques and allows bank overdrafts as well. However, they don't provide an interest income.
Apart from this main 3 types, there are many other variations of these accounts that have similarities to these accounts. following is a list of them,
- Checking Accounts
- Dividend/Interest Checking Accounts
- A Money Market Account
Explanation:
The transition to collectivization in the former Soviet Union caused widespread starvation, because there was a sudden disruption of production which happened because of collective farming and the mass seizure of property. Many of the land had become infertile, because of recent industrial developments and since it was a forced collectivization and completely controlled by the government, the people would receive as much money as they would produce. Of course this was impossible if their land was not fertile.
The last option seems correct.
Answer:
In an effort to preserve the balance of power in Congress between slave and free states, the Missouri Compromise was passed in 1820 admitting Missouri as a slave state and Maine as a free state.
The Battle of Jutland is considered to be the only major naval battle of World War One. It saw the British Navy losing more men and ships but remained a powerful tool while it left the German Navy too diminished to put to sea again while the war lasted.
