The Monroe Doctrine forbidden the European powers from colonizing in the additional lands in the Americas.
Huh I don’t speak your language
Simple interest is interest only calculated by multiplying the principal amount by the interest rate and the number of periods in a loan. However compound interest is interest on interest. It is calculated by multiplying the principal amount by the annual interest rate raised to the number of compound periods.
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The wealthiest citizens of ancient Rome were "patricians"--meaning literally "fathers". These people were not only the wealthiest but had by far the most political sway of any other social group.