Answer:
Banks fulfil several key functions in the economy. They improve the allocation of scarce capital by extending credit to where it is most productive, as well as allowing households to plan their consumption over time through saving and borrowing (Allen and Gale 2000)
Explanation:
Found this on Quizlet:
“In North Africa, the Ottoman empire was declining. In West Africa, new Muslim leaders held power. In East Africa, the slave trade continued. In South Africa, Zulus,Boers, and the British battled for control.”
Don’t copy this word for word though, as it may be marked as cheating.
Hope I helped!
Answer:
1. a) Amendment 8 - Freedom from cruel and unusual punishment.
2. d) A system in which each branch can limit powers of the other branches.
3. a) Supremacy Clause
4. c) The winner of the popular vote could lose the election.
5. c) Expressed powers are written in the Constitution, implied powers are not.
Explanation:
1. The 8th Amendment safeguards a person against "cruel and unusual penalties," such as high bail or fines.
2. Checks and balances were put in place so that no one part of the government could have too much power.
3. According to federal supremacy principles, the federal or US Constitution is the most important source of law, and state constitutions cannot override it.
4. Five presidents of the United States have served in office without winning the popular vote.
5. "Expressed powers" are those that are written out in the Constitution, while "implied powers" are those that can be figured out from what is written.
