1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
antoniya [11.8K]
2 years ago
10

Explain the effect saving on the individual and society and identify traditional and modern iustitusion of saving

Social Studies
1 answer:
pashok25 [27]2 years ago
6 0

Full question:

Explain the effect of saving on the individual and society and identify traditional and modern institutions of saving

Answer and Explanation:

Saving means putting aside some part of your income for future expenditures and not spending it on current expenditures. Saving helps one be prepared for future unforeseen events or needs that may require money expenditures. Saving has positive effects on the individual and society at large because it encourages financial security and investments which have positive multiplier effects on the economy.

Example of traditional savings institutions are Iquib and Idir in Ethiopia. These traditional savings institutions are financial associations that work by forced savings whereby individuals are required to keep a fixed amount of their income with the institution periodically in order to save money.

Modern saving institutions include banks and insurance companies.

You might be interested in
How did God help Moses convince the pharaoh to let the Hebrews leave Egypt?
dmitriy555 [2]

Answer:

A. God sent many plaques to Egypt

6 0
2 years ago
Read 2 more answers
The most heavily populated areas of africa are found_____?
marysya [2.9K]
Near sources of water
4 0
3 years ago
Read 2 more answers
Which of the following contributed to the spanish taking control of the empire?
irga5000 [103]

Answer:n the European race to colonial dominance, the Treaty of Tordesillas legitimized Spain’s holdings in the New World, indicating Spanish primacy over Portugal.

The successes of Columbus ushered in an era of Spanish conquest that led numerous other European explorers to attempt similar colonization projects.

Spain gained immense wealth from this expansionism, which translated into an influx of Spanish art and cultural capital.

Treaty of Tordesillas

Columbus’s colonization of the Atlantic islands inaugurated an era of aggressive Spanish expansion across the Atlantic. Spanish colonization after Columbus accelerated the rivalry between Spain and Portugal to an unprecedented level. The two powers vied for domination through the acquisition of new lands.

In the 1480s, Pope Sixtus IV had granted Portugal the right to all land south of the Cape Verde islands, leading the Portuguese king to claim that the lands discovered by Columbus belonged to Portugal, not Spain. But in 1493, Spanish-born Pope Alexander VI issued two papal decrees giving legitimacy to Spain’s Atlantic claims over the claims of Portugal. Hoping to salvage Portugal’s holdings, King João II negotiated a treaty with Spain. The Treaty of Tordesillas in 1494 drew a north-to-south line through South America. Spain gained territory west of the line, while Portugal retained the lands east of the line, including the east coast of Brazil.

Map of the land division determined by the Treaty of Tordesillas. Image credit: Wikimedia Commons

Conquistadores and Spanish colonization

Columbus’s discovery opened a floodgate of Spanish exploration. Inspired by tales of rivers of gold and timid, malleable native peoples, later Spanish explorers were relentless in their quest for land and gold. Spanish explorers with hopes of conquest in the New World were known as conquistadores. Hernán Cortés arrived on Hispaniola in 1504 and participated in the conquest of the Island. Cortés then led the exploration of the Yucatán Peninsula in hopes of attaining glory.

In 1519, Cortés entered Tenochtitlán, the capital of the Aztec/Mexica Empire. He and his men were astonished by the sophisticated gardens and temples in the city, but they were horrified by the practice of human sacrifice. Above all, the Aztec wealth in gold fascinated the Spanish explorers.

Hoping to gain power over the city, Cortés took Moctezuma, the Aztec ruler, hostage. The Spanish then murdered hundreds of high-ranking Mexica during a religious festival, but the people of Tenochtitlán quickly retaliated. Cortés and his people fled for their lives.

Aztec ruler Moctezuma. Image credit: Wikimedia Commons

Following his defeat, Cortés slowly created alliances and recruited tens of thousands of native peoples who resented Aztec rule. Only by playing upon the disunity among the diverse groups in the Aztec Empire were the Spanish able to capture Tenochtitlán. In August 1521, Cortés claimed Tenochtitlán for Spain and renamed it Mexico City. The Spanish also brought smallpox, which took a heavy toll on the people in Tenochtitlán. Illness played a much greater role in the city’s downfall than violence.

Cortés was also aided by a Nahua woman called Malintzin—also known as La Malinche or Doña Marina, her Spanish name—whom the natives of Tabasco gave him as tribute. Malintzin translated for Cortés and, whether willingly or under duress, entered into a physical relationship with him. Their son, Martín, may have been the first mestizo—person of mixed indigenous American and European descent. Malintzin remains a controversial figure in the history of the Atlantic World; some people view her as a traitor because she helped Cortés conquer the Aztecs, while others see her as a victim of European expansion. Regardless, without Malintzin’s help, Cortés would not have been able to dismantle the Aztec Empire.

A drawing depicting Malintzin translating for Cortez and Aztes. Image credit: Wikimedia Commons

Another conquistador, Francisco Pizarro, made his way to the Spanish Caribbean in 1509, drawn by the promise of wealth and titles. He participated in successful expeditions in Panama before following rumors of Inca wealth to the south. Although his first efforts against the Inca Empire in the 1520s failed, Pizarro captured the Inca emperor Atahualpa in 1532 and executed him soon thereafter. In 1533, Pizarro founded Lima, Peru. Like Cortés, Pizarro had to combat not only the native peoples of the lands he was conquering but also competitors from his own country—a Spanish rival, Diego de Almagro, assassinated him in 1541.

Hernando de Soto had participated in Pizarro’s conquest of the Inca, and from 1539 to 1542, he led his own expeditions to what is today the

3 0
2 years ago
Why was galen wrong in many of his statements about the human body even though he was a careful observer?
alina1380 [7]

It is because Galen based his information about anatomy on what he had found out during dissecting the bodies of animals. This created mistakes on his claims in human anatomy. Some of these anatomical errors were the following:

1.       He thought muscles are attached to the bone just like in dogs.

2.       He thought that the liver produces blood. He then realized that it flowed around the body, but he claimed that is burned fuel for the muscle.

3.       He thought that there are holes through the septum, which allowed the blood to flow from one side to another of the heart.

4.       He thought that there are blood vessels in the brain.

5.       He thought human’s jaw was made up of two bones just like a dog’s.

6.       He made mistakes about the liver’s shape.

7 0
3 years ago
When was isaac newton a key figure in the scientific revolution
Paha777 [63]
<span>Sir Isaac Newton (1642 –1727) was an English physicist and mathematician (described in his own day as a "natural philosopher") who is widely recognized as one of the most influential scientists of all time and as a key figure in the scientific revolution.</span>
8 0
3 years ago
Other questions:
  • About medieval West African Kingdoms
    10·2 answers
  • Which of the following is true about the Sunnis?
    11·2 answers
  • What are some ways in which don quixote misconstrues reality as he travels? what often happens as a result?
    6·1 answer
  • ________ is the most difficult form of child maltreatment to identify. A. Physical Abuse B. Sexual Abuse C. Neglect D. Emotional
    13·2 answers
  • Hellenistic culture contained contradictions. While Hellenistic philosophy tended to value individual character, thought, and de
    7·1 answer
  • Help please I’ve been stuck on this forever
    10·1 answer
  • What is the most important word to add to a Fixed Mindset statement in order to turn it into a Growth Mindset statement?
    13·1 answer
  • 1. What is solar system.
    7·1 answer
  • 1.2 While visiting Cape Town earlier this year, the Minister of Health, Dr Zweli Mkhize gave an important speech that was televi
    14·1 answer
  • According to the diagram, which country is closest to a total command economy?
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!