The correct answer is: "The limited access to currency stifled business growth."
When the money supply is limited, there is scarcity in the money market and the interest rate (the price of money) rises. Therefore, through this price adjustment, equilibrum is reached in the market again.
High interest rates disincentivate investment because<u> borrowing funds to finance new projects has become relatively more expensive. Therefore, businesses will not conduct expansion policies</u> under this scenario.
The answer is: St. Petersburg
Answer:
Telegraph
Explanation:
Before the invention, information had to be send by horses, boats, trains, and any other transportation. This would take very long and it was ineffective for a lot of train stations. If a locomotive had to abort a departure than the communication would take a long time and it was usually by horses. After the telegraph was made this helped the train station be more effective by knowing exactly when the trains would go to which station. This made the stations much more smoother and have more departures and less waiting time for the people boarding on to them.
Because Athens and Sparta, both powerful Greek city-states, had fought as allies in the Greco-Persian Wars between 499 and 449 B.C. In the wake of the Persian retreat, however, Athens grew more powerful and tensions rose, escalating into nearly three decades of war. Sparta emerged victorious, while the constant fighting left Athens bankrupt, exhausted and demoralized. Neither city-state regained the military strength they once had
