yes because if the population is too high, maybe there won't be enough resources for everyone.
After World War II, much of Europe was devastated and needed to be rebuilt. However the countries had no money because they spent it all during the war. No taxes could be collected because the people were poor and had hardly anything to eat. The United States at this time was the richest nation in the world. Although Russia was an ally during the war against Germany, the relationship changed after the war and it was feared that unless Western Europe rise quickly again, it would fall into communist hands. The United States came up with the Marshall Plan and offered to help the European countries to recover from the effects of the war. Russia and its allies turned down the offer of assistance. The Marshall plan was a success and all the countries who accepted help recovered.
After the World War II, America as a nation stopped
producing gunnery and bombs and resorted in creating peaceful industrial
employments. The American economy have grown that labor force grew from 60
million to 111 million on year 1948 to 1982 and grew from 58 million to 99
million.
Answer:
credit; property.
Explanation:
A financial institution can be defined as corporations that act as an intermediary between capital (debt) markets and the consumers by providing a broad range of business and financial services such as loans, savings, investment, insurance, and other monetary transactions.
Generally, all financial institutions are regulated by the central bank of a country to control the supply of money in the market and protect customers (consumers). Some examples of financial institutions are commercial banks, brokerage firms, credit union, investment banks, asset management firms, etc.
A credit can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.
Generally, a financial institution such as a bank giving out credits (sum of money) to eligible customers (borrowers), usually require that they provide a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the credit.
Hence, anybody that is interested in obtaining credit from financial institutions can use his or her property rights to do so.
A property right is the exclusive or sole authority which determines the legal ownership of resources and how these resources are to be used, whether by individuals or government.
