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Mars2501 [29]
3 years ago
11

How does what happen in politics and in the government affect you as an individual and in your everyday life ?

Social Studies
1 answer:
xz_007 [3.2K]3 years ago
8 0

Answer:

there are multiple ways in which it can affect u they diceiede what goes where and who gets it

Explanation:

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The Constitution established a Federal democratic republic . It is the system of the Federal Government ; it is democratic because the people govern themselves ; and it is a republic because the Government's power is derived from its people .

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(1). Secured loans

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People who get loans but are considered a risk to fully repay them, often get higher interest rate. Because the risk to the lender is increased relative to that of secured debt, interest rates on unsecured debt tend to be correspondingly higher. However, the rate of interest on various debt instruments is largely dependent on the reliability of the issuing entity. An unsecured loan to an individual may carry astronomical interest rates because of the high risk of default.

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An unsecured loan to an individual may carry astronomical interest rates because of the high risk of default. Lenders issue funds in an unsecured loan based solely on the borrower's creditworthiness and promise to repay. Unsecured loan has no collateral backing, It involves no security, Hence, If the borrower defaults on this type of debt, the lender must initiate a lawsuit to collect what is owed.

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I believe the answer is: <span>empowerment

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