The correct answer is<span> C.During times of economic prosperity, some nations borrowed more money than they can pay back now in times of economic hardship.
A lot of money was taken by various countries and this money was not wisely invested. Therefore, there was no way for it to be returned, and this made the countries that gave the loan angry. The countries that owe money experienced a debt crisis. </span>
B. He improved the steam engine, allowing it to be used in many
industries
Explanation:
- The first steam engine was built in 1698, and by the time Watt was born, the machines, perfected by Thomas Newcomen, were already pumping water from mines throughout the country.
- Sometime around 1764, Watt was given a model of the Newcomen machine to repair it.
- Realizing that it was impossible to repair her, he began to work to improve it.
- He added a separate condensation chamber that prevented excessive steam loss. He patented a new, improved model of a steam engine in 1769.
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Payment history is by far the most important factor of your credit report. It's essential to pay your bills on time, every single time. Any late payment is going to have a significant effect on credit scores. Your payment history accounts for about 35% of a credit score.
Utilization, which is the balance-to-limit ratio on your credit cards, is the second most important criteria. You never want a balance to be higher than 30 % of the credit limit on a single credit card or in total. To determine your utilization rate, add up all of your balances and all of your credit limits and divide the total of your balances by the total of your limits. That percentage should not be more than 30% as a maximum. The lower the percentages, the better. It's ideal to pay your balances in full each month. Length of credit history, which is based on the length of time each account has been open andyour credit mix, which is the different kinds of accounts you have including mortgage, credit cards, auto loans, etc. Having a variety of credit types can increase your score slightly, but you should not apply for a number of accounts all at once to try to improve this element. Doing so will do more harm than good because of the next element.
Recent activity looks at how much credit you've received or applied for in recent months. Specifically, it will look at if you have applied for new credit in the past 3-6 months, new inquiries, and whether you are paying off accounts or taking on more debt.
Overall capacity, such as how much installment debt is outstanding.
If you get a credit score, it will list the risk factors that are most affecting that number. You should focus on those factors and address those issues on the credit report and your scores will take care of themselves.
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