Answer:
Although Puck, the Democratic humor magazine, characterized President Theodore Roosevelt during the 1904 presidential campaign as the tool of large business corporations (“trusts”), this Harper's Weekly cartoon shows him in control of the relationship, taming the ferocious trusts (depicted as lions)
Robert Fulton was the first to accomplish this task. By purchasing a steam engine built by James Watt, he was able to use the engine to power a 133-foot steamboat, the Clermont. In 1807, Robert Fulton's boat made a journey from New York City to Albany. By the 1830s, steamboats were the convention.
Answer:
The ability to understand how banks function can make you smarter through the knowledge of minimizing your risks due to exposure to credits and maximizing your profits through buying of high-risk networth bank instruments.
<em>For example, obtaining credits facilities from the bank might seems like the best option intially but it is laced with challenges especially when you default in payment. This will affec your credit score. </em>
<em>On the otherhand, the ability to buy foreclosed houses at a cheaper prices from the bank while selling at a higher price to people helped you to make profits.These knowledge could only be possible through your understanding of how the bank works.</em>
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