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Umnica [9.8K]
3 years ago
14

What action did the French take to express their disapproval of the treaty negotiated between the United States and Great Britai

n?
-PLEASE TRY TO HURRRRRRY
Social Studies
1 answer:
In-s [12.5K]3 years ago
7 0

Answer:Jay Treaty, (November 19, 1794), agreement that assuaged antagonisms between the United States and Great Britain, established a base upon which America could build a sound national economy, and assured its commercial prosperity.

Explanation:

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The supervision of the functioning of the formal sources of credit is necessary because the banks should not only provide loans to rich sections of society but also to poor people.

<h3>What is loan?</h3>

Loan refers to the lending of money by one or more individuals or an organization to another. It is a sum of money that one borrow from a financial institution, usually a bank or credit union for business or personal purposes.

The supervision of the functioning of formal sources of loans is necessary to check whether the banks actually maintain the cash balance. Also, the banks should follow the right procedures of borrowing and lending money.

Hence, the supervision of the functioning of the formal sources of credit is necessary because the banks should not only provide loans to rich sections of society but also to poor people.

Learn more about loans here: brainly.com/question/25599836

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2 years ago
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encoding specificity is the correct answer.

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The correct answer here would be the first option.

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