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The major financial change between post ww2 borrowers and borrowers after 1970 was that there were plenty of jobs after World War 2 and the economy was growing at a large extent.
Most of the people believed that their income would not change even though there were plenty of jobs in the economy.
However they all have a constant income from the year 1945 to 1970.
So all the people continued to borrow more and more money by not attending or joining any post war job in the economy.
Banks were also willing to lend more and more money as they were on the way of high earning through more lending but they get closed.
So after the war people continued to increase their loans and debt ratio in the economy of lending due to which it became the period of great depression.
To know more about post war borrowing here:
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Answer:
The correct answer would be, Yes South Carolina would be compensating David as his property is now economically valueless.
Explanation:
Under the taking clause, 'The Beachfront Management Act was properly and validly designed to preserve South Carolina's beaches', which means that no one will be allowed to do any development project near beaches in order to save the beaches.
Though it is already written in the Act, The Beachfront Management Act barred any further development on the coasts of Carolina, which makes the purchased property of David as economically valuless, so South Carolina would be compensating him as the law has passed and they won't allow further development but they need to compensate the people who purchased the property on the beaches for the purpose of future business.
Answer: A cash sale
Explanation: In simple words, liquidity refers to the ability of an organisation to bear its short term expenses. For that a company must have cash or some assets that can be readily converted into cash in case of need.
Hence Sally should sell her company in cash sale as it will result in inflow of cash which will create liquidity and also the consideration will be certain with short timely payments.
Other option such as IPO or stock for stock might result in increase in value but certainly won't give her liquidity.
Answer:
Good rental history and employment stability are two things that help to bulid a good credit score.
