Answer:
Marxists identify 3 main classes: the petite bourgeoisie, who own businesses (the means of production), work for themselves, and do not employ others; the proletariat or working class, who do not own the means of production and who sell their labor power for wages; and the bourgeoisie or capitalist class
Explanation:
Gallup has, for a number of years, asked Americans to place themselves -- without any guidance -- into five social classes: upper, upper-middle, middle, working and lower. These five class labels are representative of the general approach used in popular language and by researchers.
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<span> both had energetic and capable founders/early rulers. Both had capable militaries, both had same beliefs. </span>
Saving money helps to prepare ahead of any financial crisis.
<h3>What is Saving?</h3>
Saving involves removing or separating some amount of money from your income that will not be spent.
This money can be use for emergencies or future plans.
Therefore,
Saving money helps to prepare ahead of any financial crisis.
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Answer:
government by the people; a form of government in which the supreme power is vested in the people and exercised directly by them or by their elected agents under a free electoral system.
Explanation:
Subprime mortgages were considered toxic assets because mortgages were bought by investment banks and they bundled them and sold them as securities is True.
<h3><u>Explanation:</u></h3>
Toxic assets are those which can be sold a very low price therefore not making any profit for the seller due to significant drop of value or because they aren’t in demand anymore and cannot be sold in the market. Subprime mortgages were one of the risky investments in the midst of the financial recession.
Subprime mortgages from lenders were loaned to borrowers with no assets, poor credit and sometimes not even an income and sold to investors with regular payments as security. This over securitization was one of the major cause that triggered the financial crisis in 2007-2009 and a decrease in housing demand.