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.
I believe the answer is E
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Answer:
D. Democrats enacted laws that made segregation legal
Explanation:
Started from the 1870s after the Reconstruction, it was the Southern, white dominated, Democratic Redeemer governments that enacted Jim Crow laws, which officially enforce racial segregation of the Black people from the white population across the South.
The Jim Corw's law that was passed prevents the African Americans from voting and segregated schools, restaurants, and public accommodation.
Hence, After Reconstruction ended, the factor that allowed for segregation to spread throughout the South is that; Democrats enacted laws that made segregation legal
Not really decorated in that sense as making them look "good" i guess, but they were mostly leather bound and covered in tar to help preserve the wood.
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