Answer:
Banks make a profit from interest rates.
Explanation:
The interest rate is the amount of interest that borrowers pay for the use of money over a period of time. The interest rate is expressed as a percentage of the loan amount.
The main lender is the central bank, which sets an interest rate on the currency it issues, which is the base rate for institutions that borrow from the central bank. Banks that have borrowed from the central bank must take into account the costs involved and the expected profit. For this reason, the bank's interest rate is higher than that of the central bank. The basis for borrowing for individuals and companies is the interest rate set by the bank. Should an individual or company have to sub-lend its loan, the next borrower must follow the interest rate set by the individual or company.
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The Louisiana Purchase significantly increased the size of the United States, which began the expansion of the country towards the West.<span> It also laid the groundwork for the Civil War as the new territories took sides in the heated slavery debate.
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Answer:
the USA
Explanation:
The USA is a democratic republic so, all leaders must be elected democratically.
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The ancient Egyptians thought of Egypt as being divided into two types of land, the 'black land' and the 'red land'.
River NileThe 'black land' was the fertile land on the banks of the Nile. The ancient Egyptians used this land for growing their crops. This was the only land in ancient Egypt that could be farmed because a layer of rich, black silt was deposited there every year after the Nile flooded.
DesertThe 'red land' was the barren desert that protected Egypt on two sides. These deserts separated ancient Egypt from neighbouring countries and invading armies. They also provided the ancient Egyptians with a source for precious metals and semi-precious stones.
