Open Economyan economy that interacts freely with other economies around the worldClosed Economyan economy that does not interact with other economies in the worldImportsgoods and services brought into a nation from another nationExportsGoods and services sold to other countriesBalance of Tradethe difference between a country's total exports and total importsCurrent AccountThat part of the balance of payments recording a nation's exports and imports of goods and services and transfer paymentsTrade DeficitAn excess of imports over exportsTrade Surpluswhen a country exports more than it importsCapital Accountthe measure of the buying and selling of assets between countries.Loadable Fundsis the sum total of all the money people and entities in an economy have decided to save and lend out to borrowers as an investment rather than use for personal consumption.Exchange RateThe measure of how much one currency is worth in relation to another.Appreciate<span>to increase in value</span>
Which of the following statements is true of the situation facing blacks during the Great Depression?
Answer: Out of all the options shown above the one that best represents the true statement of the situation that blacks were facing during the Great Depression is answer choice B) The government did little to put a halt to the practice of lynchings. White mobs would kill by hanging a person for an alleged crime.
I hope it helps, Regards.
