Well, its actually bit complicated but Ill get into one of the biggest issues.
So, 2008, seeing that youre in high school, you were most likely here to experience it. There was the huge economic collapse building up because houses were gaining worth.
Because of this, investors began to see a chance at making large sums of money by doing something that you would think would end up bad.
Giving loans to people with bad credit score to buy houses.
They knew these people were more likely to default on their loans, the investor would then by law own the house and because prices are rising, they know they are going to make a ton.
This kept building and building and the houses were being defaulted on constantly and overtaken.
Well, supply and demand. You have a ton of houses with people kicked out and the people that need houses are the people with bad credit score that were just kicked out.
So there was a need for housing, but only for people who could not afford it.
The pricing of housing plummeted and many investors who had on credit made the investment, had to declare bankruptcy.
This is obviously a more simple overview but it was so bad that the economy dipped down to its lowest point since the great depression. Government worked very hard to try and control the situation and contain it from causing the final economic collapse of society and right now, we are in an "okay" economy so it seems that the restrictions worked.
Government had to intervene in the free market because if they did not, the economy would collapse.
And just to add, by saying we are in an "okay" economy, thats an understatement. Its insane the amount of stuff we have compared to other countries.
You may think that if we chose a random person, he would kinda be like you. Well, turns out we are the minority in the world.
There are only around 43% of people with access to internet. People have easier access to phones than they do to clean water.
The economy is complex but I hope this peaked your interest in it
Answer:
Option C
Explanation:
A legislation is a law in a typical definition, to enable a law, that ,means you want to establish a law, you want to create a balance in a running system, there are defrauders that you want to stop or catch, you want to create an enabling environment were there is peace and harmony. All these are reasons behind enabling a legislation.
To bracket the question to the answers given, enabling a legislation, you are creating a congress, because some set of people must sit to create this legislation, option a is close to the answer but administrative agency doesn't not create a law, yes they are given power to carry out operations but not to create a law, that is why option c is the best to the question. Enabling a legislation, you are creating a congress, giving then right to oversee an issue and creating a law, because it is only such congress that can carry out the act of enabling a legislation.
Answer:
The lieutenant governor is also frequently the presiding officer of the upper house of the state legislature, similar to the Vice President of the United States.
I would say vice president.
Explanation:
I hope this helps you out!
Answer:
D.) increased standard of living
Option D
Wartime repression of dissent and free speech culminated in: the Red Scare
<u>Explanation:</u>
The Red Scare began to a series of movements that had an intense and surviving influence on the U.S. administration and community. The climate of panic and repression associated with the Red Scare subsequently established to expedite by the developed 1950s. Simply unitedness of several suspicious actions that transpired through the time of anticommunist excitement perceived as the Red Scare.
As the Red Scare strengthened, its administrative mood utilized frequently hidebound. Selected administrators from both significant parties endeavored to depict themselves as constant anticommunists, and some personalities presumed to examine the controversial tactics utilized to strike doubtful extremists.
