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s2008m [1.1K]
3 years ago
8

Why is it important for people to maintain a good credit history

Social Studies
2 answers:
7nadin3 [17]3 years ago
5 0

Answer:

It helps banks decide whether you can take out loans.

ioda3 years ago
5 0

Answer:

It is very important for people to have a good credit history, as this score allows those who need access to loans from banks or other financial entities, the possibility of obtaining lower interests, longer terms and different benefits arising from their credibility and the trust they inspire to the financial system.

Having a good credit score allows consumers to access better services and goods, which are financed by the banks. In turn, banks are paid monthly an amount consisting of a proportional fee plus the interest they impose to the consumer. If the person does not have a good score, it will be very difficult for him to access the different products that are in the market, since he will not be able to obtain the necessary financing to acquire them.

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What general conclusion can be drawn about the nature of learning?
defon
The general conclusion that can be drawn about the nature of learning is: <span>The capacity to learn is essential to the survival of all human and nonhuman animals.
The environment that humans that lived in will always changing. In order to survive in this environment, we need to constantly do an adaptation. There is no way we could learn to adapt if we do not learn about the environment around us.</span>
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2 years ago
The collection of papers, seminars, lectures, panel discussions, and demonstrations presented at yearly conferences of tax profe
Ne4ueva [31]

The collection of papers, seminars, lectures, panel discussions, and demonstrations presented at yearly conferences of tax professionals is called the Annual Proceedings.

<h3>What is tax?</h3>
  • Tax compliance refers to policy actions and individual behavior aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs.
  • A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national).
<h3>Taxation in the United States?</h3>
  • The federal, state, and municipal governments in the United States of America are distinct from one another, and taxes are levied at each of these levels. Income, wages, property, sales, dividends, imports, estates, gifts, and a variety of other items are all subject to taxation.
  • Federal, state, and local governments collected 25.5% of GDP in taxes in 2020, less than the OECD average of 33.5% of GDP. In terms of tax income to GDP, the United States ranked seventh lowest among OECD nations in 2020, having a higher ratio than Mexico, Colombia, Chile, Ireland, Costa Rica, and Turkey.

Learn more about tax here:

brainly.com/question/16423331

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5 0
1 year ago
​according to the national center for missing and exploited children, which types of abductions accounted for the greatest perce
arsen [322]
India has a high volume of Child trafficking. There have been many cases where children just disappear overnight, as many as one every eight minutes, according to the National Crime Records Bureau.[1] In some cases, children are taken from their homes to be bought and sold in the market. In other cases, children are tricked into the hands of traffickers by being presented an opportunity for a job, when in reality, upon arrival they become enslaved. In India, there is a large number of children trafficked for various reasons such as labour, begging, and sexual exploitation. Because of the nature of this crime; it is hard to track; and due to the poor enfrcement of laws, it is difficult to prevent.[] Because of this, it is impossible to have exact figures regarding this issue. India is a prime area for child trafficking to occur, as many of those trafficked are from, travel through or destined to go to India. Though most of the trafficking occurs within the country, there is also a significant number of children trafficked from Nepal and Bangladesh.[] There are many different causes that lead to child trafficking, with the primary reason being poverty and weak law enforcement. The traffickers that take advantage of children can be from another area in India, or could even know the child personally. Children who return home after being trafficked often face shame from their communities, rather than being welcomed home.
8 0
3 years ago
Are firms primarily buyers or sellers in the goods and services market? In the labor market?
Leya [2.2K]

Answer: Firms are primarily sellers in the goods and services market and buyers in the labor market.

Explanation: The goods and services are dispensed by the firms in order to make the potential customers pay the fixed prices and buy them. This activity of the firms categorizes them as 'sellers' in the goods and services market. On the other hand, in the labor market, the firms pay a fixed price for the labor to carry out the activities of manufacturing and selling. Hence, in the labor market, firms are categorized as 'buyers'.

7 0
3 years ago
How does a confederation limit the power of a central government
Tomtit [17]

The Articles of Confederation failed because they did not give Congress and the national government enough power. The new U.S just fought a war to end what they considered arbitrary rules of a strong government that controlled the local government and the leaders of the U.S. They did not give the Central government the power it needed to rule effectively.

It did not give the Congress the power to tax, to draft troops, to place tariffs on foreign goods, to control interstate commerce or stop states from printing their own money, and the list can go on.

4 0
2 years ago
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