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the proportion of a loan that is charged as interest to the borrower, it is usually an annual percentage of the loan outstanding.
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Answer:
probably bc they felt that slavery being taken away would cause their economy to fall apart
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idrk if your question is based on this time period or like what south you are referring to but i hope this helped
The government paid the soldiers who fought in the revolutionary war with worthless money. The soldiers were farmers who fell in debt and sent to Debtors Prison. ... If over 12 people got together for a non government approved purpose, they would be tried accordingly.
Answer:Pre-industrial merchant-capitalist growth, Van Zanden argued, caused the price of capital to rise, while the (real) price of labor declined. The result was the growth of inequality during phases of “early modern” and “modern” economic growth alike, until excess labor supplies disappeared around the beginning of the twentieth century.
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