Answer:
Charles II hoped to establish English control of the area between Virginia and Spanish Florida. To that end, he issued a royal charter in 1663 to eight trusted and loyal supporters, each of whom was to be a feudal-style proprietor of a region of the province of Carolina.
These proprietors did not relocate to the colonies, however. Instead, English plantation owners from the tiny Caribbean island of Barbados, already a well-established English sugar colony fueled by slave labor, migrated to the southern part of Carolina to settle there. In 1670, they established Charles Town (later Charleston), named in honor of Charles II, at the junction of the Ashley and Cooper Rivers. As the settlement around Charles Town grew, it began to produce livestock for export to the West Indies. In the northern part of Carolina, settlers turned sap from pine trees into turpentine used to waterproof wooden ships. Political disagreements between settlers in the northern and southern parts of Carolina escalated in the 1710s through the 1720s and led to the creation, in 1729, of two colonies, North and South Carolina. The southern part of Carolina had been producing rice and indigo (a plant that yields a dark blue dye used by English royalty) since the 1700s, and South Carolina continued to depend on these main crops. North Carolina continued to produce items for ships, especially turpentine and tar, and its population increased as Virginians moved there to expand their tobacco holdings. Tobacco was the primary export of both Virginia and North Carolina, which also traded in deerskins and slaves from Africa.
Slavery developed quickly in the Carolinas, largely because so many of the early migrants came from Barbados, where slavery was well established. By the end of the 1600s, a very wealthy class of rice planters who relied on slaves had attained dominance in the southern part of the Carolinas, especially around Charles Town. By 1715, South Carolina had a black majority because of the number of slaves in the colony. The legal basis for slavery was established in the early 1700s as the Carolinas began to pass slave laws based on the Barbados slave codes of the late 1600s. These laws reduced Africans to the status of property to be bought and sold as other commodities.
Explanation:
<h2>B) Sign of the cross</h2><h2>i.e. In the name of the Father, and of the Son, and of the Holy Spirit. Amen.</h2><h3> Stay safe, stay healthy</h3><h3> and blessed</h3><h2>Have a blessed day !</h2><h3>Thank you</h3>
She joined the independence movement and later became Israel’s first woman Prime Minister.
Golda Meir was born in Kiev, Ukraine (then part of the Russian Empire). Her family emigrated to the United States, where they settled in Milwaukee, WI. Golda Meir became a Zionist activist and helped raise funds for the settlement and establishment of Israel. She later went on to become prime minister of Israel, holding that office from 1969 to 1974. She was in office during the time that Israeli athletes were attacked at the Munich Olympics in 1972, and also during the October War in 1973 (also known as the Yom Kippur War or the Ramadan War).
Answer:The Sengoku period (戦国時代 Sengoku Jidai) or Warring States period in Japanese history was a time of social upheaval, political intrigue, and nearly constant military conflict that lasted roughly from the middle of the 15th century to the beginning of the 17th century.
Explanation:
Answer:
the money multiplier = 1/ reserve ratio in this case, the reserve ratio is 10% (required) + 10% (voluntary) = 20%, so the money multiplier = 1/20% = 5 %
What is the immediate impact of this transaction on the money supply? None, since the money supply doesn't change. When a customer deposits money in a bank, the money does not increase, only its composition changes. The maximum amount by which this bank will increase its loans from the transaction in part (a) • the bank will be able to loan = total deposit x (1 - reserve ratio) = $9,000
x (1 - 20%) = $7,200
The maximum increase in the money supply that will be generated from the transaction in part
• since the banks started to "create" money by lending the money, the money supply will increase by total deposit x ( money multiplier - 1) = $9,000 x 4 = $36,000 Assume that the government increases spending by $9,000, which is financed by a sale of bonds to the central bank. Indicate what will happen to the money supply.
• The money supply will increase.
Explain what will happen to the money demand. • The money demand will also increase because aggregate demand and income will increase. Aggregate demand will increase by $9,000 x government multiplier. The government multiplier = 1/ MPS.
