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sladkih [1.3K]
3 years ago
9

How do bank loans help the nation’s economy?

History
2 answers:
a_sh-v [17]3 years ago
8 0

Banks provides funds for business as well as personal needs of the individuals. they play a significant role in the economy of a nation. ... help raising the standards of people by providing loans to buy goods,houses and automobiles and which ensures the flow of money in the market and hence the economy will grow. Hope that helped.

adell [148]3 years ago
4 0

They allow businesses to expand and improve. I just took the test.

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Intent of the immigration act of 1965
tester [92]

Answer:

The Immigration and Naturalization Act of 1965, also known as the Hart-Celler Act, abolished an earlier quota system based on national origin and established a new immigration policy based on reuniting immigrant families and attracting skilled labor to the United States.

Hope this helps! :)

5 0
2 years ago
Read 2 more answers
Match the explorer with his accomplishment.
amid [387]

Answer:

Discovered rich fishing grounds

Cabot

English sea dog who plundered the Spanish navy

Drake

Discovered the Pacific

Balboa

His crew was the first to sail around the world

Magellan

First to explore St. Lawrence River

Cartier

Began first permanent French settlement

Champlain

New France priest

Marquette

Explanation:

Let's know better each explorer. It's important to know their names and accomplishments.

<u>Francis Drake (1540 - 1596)</u>

<u></u>

Francis Drake was an English explorer. Queen Elizabeth sent Drake to South America as part of England try to stand out itself from Portugal and Spanish on their empires. At the time Drake arrived in South America, that place was under control of the Iberian empires (Portugal and Spain). He returned to England via the Pacific, and it was honored by Queen Elizabeth for his victories.  The nickname English Sea Dog was given to him, alongside his mate Richard Hawking, as part of their victory against the Spanish Armada in 1588. The battle was influenced by the English support to the independence of Dutch from Spain, and an attempt of Spain to destroy the English emergent commercial trades in the Atlantic.

<u>Vasco de Balboa (1475 - 1519)</u>

Vasco de Balboa was a Spanish explorer. He made many alliances with the natives during his explorations in the new world. These alliances led him, in 1513, to discover the Pacific Ocean (or Mar del Sul, as he named). The arrival at the Pacific Ocean was made crossing the Isthmus of Panama.

<u>Ferdinand de Magellan (1480 - 1521)</u>

Ferdinand de Magellan was a Portuguese sailor. His proposal to reach India through a new route by the Pacific was refused by Portugal. At that time, the Portuguese empire was strong enough to refuse this proposition with its recent discoveries (especially Brazil in 1500). Anyway, Magellan was commissioned by King Charles I from Spain to do his attempt to reach India through Asia using the Pacific as a route. If Magellan would accomplish this attempt, Spain would obtain a valuable route and could confront Portugal in trade. His expedition was able to accomplish this attempt, but Magellan died in 1521.

<u>Jacques Cartier (1491 - 1557)</u>

Jacques Cartier was a French explorer. Cartier was commissioned by King Francis I of France to explorer the northern parts of North America. His idea was to found a passage to Asia. France, just like England, was trying to surpass Portugal and Spain looking for new lands and trade routes. In 1534, during his explorations, Cartier found the St. Lawerence River, and he was the first to explorer it.

<u>Samuel de Champlain (1567 - 1635)</u>

Samuel de Champlain led the first French settlement in 1608. However, we have to explain this statement. Jacques Cartier tried to create a settlement in 1541, during his explorations of the St. Lawrence River, but the settlement was abandoned due to the bad weather, diseases and other bad aspects.

<u>Jacques Marquette (1637 - 1675)</u>

Jacques Marquette was a Jesuit explorer. He is best known for his traveling trough the Mississipi river.  

5 0
3 years ago
True or False
DochEvi [55]
True monks and nuns in Christian Europe spend their time praying and studying
8 0
3 years ago
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How did the railroad shape western economic development?
Mila [183]
It made it easier to get things from 1 place to another
7 0
3 years ago
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Democracy relies on the participation of its citizens in ruling and cooperating with those who are ruling. What is this particip
Marta_Voda [28]

Answer:

duty. Civic duty

Explanation:

4 0
3 years ago
Read 2 more answers
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