The fed helps banks in time of financial trouble by the central bank <em>lending</em> money to its member banks also known as the <em>Fed's use of credit</em>. The borrowing banks are obliged to post collateral to the Fed to receive the loan. Examples of collaterals include the United States Treasury notes, municipal government securities, consumer loans, AAA mortgages, and commercial loans.
This would depend on the exact time period, but consistently throughout time, foreign explorers/invaders came to excavate gold and salt mines. Africa was very, very rich with these resources a few thousand years ago- when Europeans started to arrive at their ports.
The correct answer is : The Maya had picture writing, while the Inca used knotted cords.
The Louisiana Purchase is important to the United States because it gave the U.S. control of the Mississippi River and also the port city of New Orleans. Both were used by the farmers to be able to ship their crops and and be able to get paid.
I hope I helped :D
According to Gibbons v. Ogden, a state <u>can not interfere with the power of congress to regulate commerce.</u>
<u>Explanation</u>:
The case of Gibbons and the Ogden was presented in the Supreme Court in the United States of America. It was in the year 1824 and was one of the most important cases of that time.
According to this case, a principle was established and it established a legislative enactment. According to this, a state could not interfere in the power of the congress and the power that was talked about in this principle was about interfering with the regulation of the commerce. It was only in the hand of the congress and not with the states.