Answer:
Two actions taken by the Continental Congress from functions conferred on it by the Articles of Confederation were, for example, the development of military operations during the Revolutionary War, and the establishment of the currency of the United States (colloquially called "continental ").
Thus, the Articles of Confederation, created in 1777, unified the former American colonies into a Confederation governed by a congress made up of members from each of those colonies, through equal representation. Its main functions were to guide the country in the war against Great Britain, as well as to organize the nation economically (although without being able to collect taxes, and delegating many monetary and financial functions to the states).
Until about 1660, Slaves was Carolina's most valuable commodity.
Answer:
The correct option is A: Banks decrease their prime rate.
Explanation:
When the government through the Federal Reserve ups the discount rate, other rates tend to follow in the same direction. The reverse is also true.
The discount rate is the rate at which the Federal Reserve lends to Commercial Banks. Commercial banks on the other hand, in order to keep the profit, are forced to adjust their prices in the direction of the discount rate.
The prime rate is the rate at which commercial banks lend to their customers who have very good credit ratings.
The discount rate in economics is one of the monetary policy tools available for use by the government. It is used to adjust factors such as money supply and inflation.
Cheers
Madison ask Congress to declare war against England to stop the seizure of American ships
Answer: Option B
Explanation:
Madison declared war against England in 1812. This was mainly done because Britain was always seizing American ships. These ships were basically used for trading with France and Britain's seizure of these ships affected the trade.
Sometimes Britain also seized the sailors who traveled on these ships. The seizures made by Britain were called impressiveness. The United States was however not ready to fight the war and did not have enough army or the required artillery for the war.
Answer:
In theory yes, it could've been avoided, if the monarchy was willing to give up some power, but in reality no, it couldn't, because the idea of a constitutional monarchy couldn't possibly survive in a deeply absolutist world.
