Feudalism was much more present in European society outside of Italy which caused the ideas of the Renaissance to spread slowly. This was because Feudal society was not as open to new ideas as the city-states that existed in Italy at the time.
The correct answer is indeed A) kept interest rates low.
Ok, let me try to resume.
When the central bank injects reserves, it encourages banks to lend out money at lower interest, attracting borrowers for this money and leading entrepreneurs to invest, once the higher interest rates would not be profitable. Interest rates coordinate savers and investors action. Investment requires resources to be frozen rather than consumed, meaning that less spending by the population reflects more resources available to fund these investments, resulting in a lower rate of interest.
When interest rates are pushed down by creating new money, the lower interest rate is not a representation of genuine savings by the public, it is artificially low. Increased business activity consumes resources while the population also keeps consuming more, causing a "tug-of-war" for resources between longer and shorter processes. When prices and interest eventually starts to rise, entrepreneurs find out their investment aren't actually profitable with these rates and are unable to complete the projects they started. This is the economic bubble, when the real economy can't withstand the perceived economy.
Now, finally going back into the answer.
During the late 1920s rates were kept artificially low by the Federal Reserve, sparking a boom, specially in the stock market, with prices rising up to 50 percent quickly. In 1929, once the government started tightening credit to cool down the overheated stock market it produced, the burst happened, leading the country into the Great Depression.
Sorry for the long explanation, hope you understand the concept ;)
In exchange for land, a knight agrees to be a sort of sub-vassal to a vassal. This agreement was known as Subinfeudation
.
Answer: Option 4
<u>Explanation:
</u>
In the feudal system, the knights were granted the potion of land for their usage in return for their services to the feudal tenants or other superiors. In a way, it was a mode of paying fees to the knights and this agreement was named as subinfeudation and the holding was called as sub-fee.
This practice was prevalent until 1290 when the statute of Quia Emptores was passed which outlawed this practice of paying the knight’s fee in terms granting a piece of land.
The Salt March, also known as Salt Satyagraha, Dandi March, or Dandi Satyagraha, was an act of direct peace action in colonial India led by Mahatma Gandhi. His 24-day march from 12 March 1930 to 6 April 1930 was conducted as an immediate action campaign of monetary resistance and coordinated protest against the British people's salt monopoly. Another excuse for this march is that the direct action movement needed a strong start to encourage more people to follow Gandhi's example.
The march spanned 385 kilo meters from Sabarmati He Ashram to Dandi (then called Navsari (now Gujarat)). More and more Indians joined them along the way. When Gandhi broke the British Salt Law at 8:30 am on his 6th April 1930, it sparked direct and large-scale action against the Salt Law by countless Indians.
After extracting the salt by evaporation at Dandi, Gandhi continued south along the coast, making salt and conversing with the community along the way. The Congress party planned Satyagraha at Saleen Dara Sana, 40 kilo meters south of Dandi. But Gandhi said he was arrested in the dark on May 4, 1930 and he was on the 5th. It was a few days before the planned action in Dhara sana. The following Dandy March and Dhara Sana His Satyagraha were widely reported in newspapers and newsreels and brought India's independence movement to the world's attention.
Satyagraha opposed the salt tax for his year, which ended with Gandhi being released from prison and negotiating with Governor Irwin at a second roundtable. Salt His Satyagraha led to the imprisonment of over 60,000 Indians, but the country did not immediately make major concessions.
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