Answer: Excessive use of credit was one of the causes of the Great Depression.
From the options provided, Borrowing money based on the belief that default was an option led people to lie on loan applications which in turn contributed to the Great Depression of 1929
Explanation:
The answer is (B) because they believed that slavery would be a local option called popular sovereignty.
The National Road was the first highway built entirely with federal funds. The road was authorized by Congress in 1806 during the Jefferson Administration. Construction began in Cumberland, Maryland in 1811.
Answer:
B. buying large volumes of treasury securities on the open market.
Explanation:
The main monetary policy tool of the Federal Reserve are open market operations, this consists in the Fed buying and selling of securities in the open market.
If the Fed buys large volumes of securities in the open market, it will print currency to pay for these securities. These money enters the banking system, and form then, the economy as a whole. This larger money supply lowers the interest rates accross the economy, including the interest on mortgages.
The president's cabinet has changed and evolved with the passage of time.
The old president's cabinet has only 4 members but the modern or current president's cabinet has 4 to 16 members. In recent years, the presidents have less depend on their cabinets for advice due to the presence of other advisory bodies such as the Executive Office of the President.
While on the other hand, the president's cabinet has also similarity to the old president's cabinet due to the selection of members in the cabinet from different religions so we can conclude that the president's cabinet is similar as well different from the old president's cabinet.
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