Which is one way that the European debt crisis adversely affects the American economy?

History

2 answers:

erik [133]2 years ago

7 0

The correct answer is D) Some U.S. Banks have indirectly lent money to heavily indebted European countries.

One way in which European debt adversely affects the U.S. economy is in that Some U.S. Banks have indirectly lent money to heavily indebted European countries.

The European debt crisis represents a risk to the United States economy. Some European governments are so indebted that they can no longer pay the interests and the debt. Some U.S. Banks have indirectly lent money to heavily indebted European countries. And if these countries cannot pay back the loans, the U.S. Banks will face some problems and restrictions. Countries like Spain, Greece, and Italy face this problem. In these countries the banking system is not so solid and their economies are in recession.

kotykmax [81]2 years ago

5 0

One way in which the European debt crisis adversely affects the American economy is that "Some U.S. banks have indirectly lent money to heavily indebted European countries," which means that a loss of funds can lead to a loss of confidence in the US banking system.

You might be interested in

10. What is one reason that northerners lost interest in Reconstruction?

Lana71 [14]

One reason that northerners lost interest in Reconstruction was because "A. Northerners were focused on the political corruption plaguing the nation," since this was during the Progressive Era.

8 0

3 years ago

Which best characterizes Russia in the early 1900s?

yuradex [85]

Answer:

D economy was stalled

Explanation:

trust

5 0

3 years ago

Read 2 more answers

The sea evacuation of british troops after the 1940 battle of dunkirk was given what codename?

elena-14-01-66 [18.8K]

The codename given for that was operation dynamo

6 0

3 years ago

Which were the main purposes of the counter-reformation

Sergeeva-Olga [200]

The main purposes of the Counter-Reformation were to strengthen the Catholic Church against the threat of Protestantism (thus keeping Catholics from converting to Protestanitsm), and also to enact reforms that would eliminate corruption and correct some problems in the Catholic Church.

Explanation:

The Catholic Reformation or Counter-Reformation in the 1500s was an effort by the Roman Catholic Church to strengthen itself in response to the Protestant Reformation. The Counter-Reformation included a number of features, such as:

The formation of religious orders that aimed to build allegiance to Rome and the papacy, and to educate people in Catholic teaching. The Society of Jesus, known as the Jesuits for short, was a key order of this sort. The order was founded by Ignatius of Loyola in 1534, along with Francis Xavier and several others.
The Roman Inquisition was founded in 1542 to act as an investigative body in regard to threats to Rome's teachings. About a century later, Galileo would be one of the most famous persons tried by the Roman Inquisition.
The Council of Trent served to reform some abuses that were acknowledged by the Catholic Church, but mostly to assert the full authority of Roman power and doctrine over the Protestant threat. The Council of Trent held meetings over a span of years from 1545 to 1563. Some of the abuses addressed by the Council of Trent were simony and selling of indulgences. Simony was the practice of buying and selling church offices. The Council of Trent condemned such practices, which had been widely abused in the church and criticized by reformers. As for indulgences, the underlying principle of indulgences was upheld -- that the church had authority to grant reprieve to penance or time in purgatory. But the sale of indulgences was stopped. The church recognized that the selling of indulgences had been an abuse and determined to end that practice.
Clergy education was recognized as a problem that needed attention in the Catholic Church. Seminaries were established and the Roman Catechism, also known as the Catechism of the Council of Trent, was commissioned by the Council and was published in 1566. The intention of these actions was thoroughly to improve the education of the church's clergy.

4 0

2 years ago

2. In the mid-1700s. How did "American society" compare to British society in terms of the

klasskru [66]

The correct answer to this open question is the following.

In the mid-1700s, the "American society" compared to British society in terms of the rights and freedoms ordinary people enjoyed in that American colonists aspired to have the liberty, equality, and opportunities of a free nation, without the heavy taxation imposed bu the English crow.

Yes, Americans could have land and property, but the British monarchy exerted too much pressure and taxations with acts such as the Navigation Acts, the Stamp Act, or the Tea Act, among many others. The colonists' desire for liberty grew higher because they had to pay taxes but had no representation in the British Parliament.

4 0

2 years ago