The role that tradition especially assigns to the Phoenicians as the merchants of the Levant was first developed on a considerable scale at the time of the Egyptian 18th dynasty. The position of Phoenicia, at a junction of both land and sea routes, under the protection of Egypt, favoured this development, and the discovery of the alphabet and its use and adaptation for commercial purposes assisted the rise of a mercantile society. A fresco in an Egyptian tomb of the 18th dynasty depicted seven Phoenician merchant ships that had just put in at an Egyptian port to sell their goods, including the distinctive Canaanite wine jars in which wine, a drink foreign to the Egyptians, was imported.<span>
Read more: Phoenicia, Phoenician Trade & Ships <span>http://phoenicia.org/trade.html#ixzz4OlpKoYqB</span></span>
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The correct answer is: Money will increase in value.
Explanation:
The central banking system is one of the principal means of preserving economic stability, as central banks determine how the economy and finances of a country will flow.
Central bank adjusts the value of money by using different strategies. One of the best examples would be increasing or lowering interest rates. When the interest rates decrease, banks can give more loans and investments, so the economy of one country reactivates by making money more valuable.
Answer: Over 22,000 Texans died of wounds or were killed.
Explanation:
For their to be better economy, to have better faster machines, and them to work to together to have a dream work
Answer:
2. Banks are businesses. Like other businesses, they seek profit. How do they earn profit?---------->Banks offer mostly services and practically no goods. Banks allow depositors to earn interest on their money, and they can supply borrowers with loans to buy houses, cars, etc. The interest from these loans is one of they ways they profit.
Why might an individual want to use a bank? Give an example of why a person would use a bank.--------->An individual would want to use a bank because of some reasons. One is that it is a safe place to keep their money. Another reason is that there is an interest when you put your money in a bank. Which means your money will continue to grow
Why might a business want to use a bank? Give an example of why a business owner would use a bank. -------------->A business might want to use a bank in order to have a safer and surer way to keep and monitor money. The costs of using a bank to a certain business owner is that you have to pay the bank in keeping your money. The benefits would be that the money is sure and withdrawing and depositing is convenient. For example, if money isn't kept in a bank and when there is a disaster such as fire, the money will be burnt with the establishment.
What is the Federal Reserve?-------------->the federal banking authority in the US that performs the functions of a central bank and is used to implement the country's monetary policy, providing a national system of reserve cash available to banks. Created in 1913, the Federal Reserve System consists of twelve Federal Reserve Districts, each having a Federal Reserve Bank. These are controlled from Washington, DC, by the Federal Reserve Board consisting of governors appointed by the US president with Senate approval.
The money supply is the total amount of money available in the economy. How do changes in the money supply affect people and businesses?--------------->Changes in the money supply affect people and businesses in a variety of ways. The size of the money supply can increase and decrease the cost of borrowing or the rate of interest thus making it easier or harder for businesses and individuals to borrow money. Also the size of the money supply or a nation's monetary policy can influence inflation and the growth of an economy which influences both individuals and businesses as well.
Explanation:
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