FAST why is it important to have complex carbohydrates before a big race

One way in which the Aztec and Inca civilizations

tresset_1 [31]

(2) devolved advanced architectural techniques

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3 years ago

Summary of world war two causes

Artyom0805 [142]

Answer:

The major causes of World War II were numerous. They include the impact of the Treaty of Versailles following WWI, the worldwide economic depression, failure of appeasement, the rise of militarism in Germany and Japan, and the failure of the League of Nations.

Explanation:

7 0

3 years ago

Who's Better Nathan mackinnon or Leon draisaitl

BartSMP [9]

Answer:

nathan mackinnon... both?...

Explanation:

6 0

3 years ago

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Why did the economy of texas struggle when it became a republic after indinpendence

Amiraneli [1.4K]

Answer:

In the early days of exploration and settlement by the Spanish, Texas represented a vast, unsecured, and sparsely populated territory with little immediate economic or political value. Over almost three centuries from approximately 1519 (when Spanish explorers first came to Texas) to 1800, the Spanish established only a few, relatively small settlements in the territory. Spain's military authority over that time was limited and uneven, sometimes eclipsed by aggressive and powerful indigenous groups like the Apaches and Comanches.

Vast spaces and sparse settlement made any claim to the territory tenuous. In 1803, only three years after the French wrested the territory of Louisiana from weak Spanish control, they sold it to the United States. The new owners then claimed that the territory's southwestern border was the Rio Grande (known to Mexicans as the Rio Bravo).

This raised Spanish concern that the territory west of the Sabine River needed to be populated with Spanish subjects--"facts on the ground," as we say today. The limited progress made by the Spanish in populating the Texas territory by the first decade of the 1800s easily came undone during the early struggles for independence from Mexico (1811 to 1813). By the time of Mexico's ultimate independence in 1821 the Texas territory had even fewer persons of Spanish descent than at the turn of the century--probably fewer than 5,000.

During the first two decades of the nineteenth century the people of the territory remained quite poor, even by frontier standards. The territory was too vast and under-populated for significant wealth generating commerce to thrive. The population and the economy was largely sustained by the Spanish military, which had sent garrisons to defend the territory from encroaching Anglos and hostile natives.

Stephen F. Austin

After independence a period of relative tranquility settled over Texas as the new Mexican government focused on establishing a constitution, laws and state-level administration. The territory of Texas was joined with Coahuila to become the state of Coahuila y Tejas.

Meanwhile, immigration from the United States--mainly from Tennessee--continued to swell the Anglo population. The settlement founded by Moses Austin in 1820 and later managed by his son Stephen grew steadily. Stephen sought and won approval for a law under the newly independent Mexican government that promoted the development of settlements by granting large tracts of land to agents who recruited colonists to the territory. This was known as the empresario system, and the agents were called empresarios.

Approximately 30 or more six-year empresario contacts were awarded beginning in 1825, providing compensation to the empresarios for up to 9,000 immigrant families. The empresario contracts covered vast areas of Texas territory, effectively denying the state government the authority over disposition of these lands for the six-year period of the contracts. These empresario contracts represented the main legal mechanism by which property in the public domain was put into private hands.

Still, because they provided land to settlers at very low cost, and required that the individual acquirers inhabit and cultivate the land, they had a broad democratizing effect. Concentration of land ownership and land speculation--common in other parts of the frontier in the United States--was largely absent in Coahuila y Tejas.

The late 1820s and 1830s were characterized by growing political tension despite--and perhaps because of--the deepening economic development in the territory. The population of Texas in 1820 was about 7,000, not much greater than it was in the first years of the century. But, during the colonization period after Mexican independence from Spain (1821-1835) the population of Texas grew at a considerable rate, if admittedly from a very low base. The non-native population grew more than ten-fold from about 2,000 at the time of Mexican independence to an estimated 20,000 in 1831.

Population growth through immigration primarily from the United States seemed to accelerate in the early 1830s despite the considerable political turmoil caused by factional struggles over political control of the huge expanse of territory that constituted the state of Coahuila y Tejas.

By 1834 the Texas population (including slaves) was estimated at 24,700. Just two years later in 1836--the year of Texas independence from Mexico--the non-native population was estimated at about 38,470. Including the estimated 14,200 natives brought the total population to well over 50,000.

Many factors on both sides of the U.S.-Mexico border--then formed by the Sabine River which separates the states of Texas and Louisiana today--contributed to the considerable growth in the number of colonists from the United States. Still, it seems that the much lower cost of land in Texas than in frontier areas of the United States, combined with the formal land grant

Explanation:

3 0

4 years ago

Explain how banks are given the right to create money by the USA Government. In what form does the money take?

Gala2k [10]

Answer:

are intertwined. It is not just that most money is in the form of bank accounts. The banking system can literally create money through the process of making loans. Let’s see how.

Start with a hypothetical bank called Singleton Bank. The bank has $10 million in deposits. The T-account balance sheet for Singleton Bank, when it holds all of the deposits in its vaults, is shown in Figure 1. At this stage, Singleton Bank is simply storing money for depositors; it is not using these deposits to make loans, so it cannot pay its depositors interest either.

The assets are reserves ($10 million). The liabilities + net worth are deposits ($10 million).

Figure 1. Singleton Bank’s Balance Sheet: Receives $10 million in Deposits.

Singleton Bank is required by the Federal Reserve to keep 10% of total deposits, or $1 million, on reserve to cover withdrawals. It will loan out the remaining $9 million. By loaning out the $9 million and charging interest, it will be able to make interest payments to depositors and earn interest income for Singleton Bank and make interest payments to depositors (for now, we will keep it simple and not put interest income on the balance sheet). Instead of becoming just a storage place for deposits, Singleton Bank can become a financial intermediary between savers and borrowers.

This change in business plan alters Singleton Bank’s balance sheet, as shown in Figure 2. Singleton’s assets have changed; it now has $1 million in reserves and a loan to Hank’s Auto Supply of $9 million. The bank still has $10 million in deposits.

The assets are reserves ($1 million) and loan to hank’s auto supply ($9 million). The liabilities + net worth are deposits ($10 million).

Figure 2. Singleton Bank’s Balance Sheet: 10% Reserves, One Round of Loans

Singleton Bank lends $9 million to Hank’s Auto Supply. The bank records this loan by making an entry on the balance sheet to indicate that a loan has been made. This loan is an asset, because it will generate interest income for the bank. Of course, the loan officer is not going to let Hank walk out of the bank with $9 million in cash. The bank issues Hank’s Auto Supply a cashier’s check for the $9 million. Hank deposits the loan in his regular checking account with First National. The deposits at First National rise by $9 million and its reserves also rise by $9 million, as Figure 3 shows. First National must hold 10% of additional deposits as required reserves but is free to loan out the rest.

The assets are reserves (+ $9 million). The liabilities + net worth are deposits (+ $9 million).

Figure 3. First National Bank’s Balance Sheet: Required 10% Reserves

Since the loan to Hank was deposited into a demand deposit account (Hank’s checking account), the loan increases the M1 money supply. Making loans that are deposited into a demand deposit account increases the M1 money supply. Remember the definition of M1 includes checkable

Explanation:

Because all currencies are fiat currencies, which means they are NOT backed by gold & silver. This allows private banks to create money out of thin air and lend it to governments. This is the root of inflation and the recent financial crisis.

If you think about the following: 2,000 years in Ancient Rome you could walk into a clothes store and with a one ounce gold coin you could buy yourself a nice robe, sandals, etc. and get well dressed for one gold coin. Today you walk into a department store in NYC, London, Milan or Tokyo and with a one ounce gold coin you can buy yourself a suit, shirt, tie, socks, shoes & belt. The value of a one ounce gold coin today in just over USD$1,700. Interesting to see that a gold coin 2,000 years ago buys you the same today.

If you look into monetary history you'll find that every time currencies were backed by gold & silver there was no inflation and economy thrived. The sooner we go back to this system, the sooner the economy will sort itself out.

The good thing is that the Swiss government are going to have circulate Swiss Franc gold coins as an alternative currency to the paper money Swiss France in Autumn this year. In Utah, USA a silver coin currency is already circulating as an alternative to the US dollar, 12 other US states are about to follow. Also the Mexican government is about to approve the circulation of silver coins as an alternative to the peso. So it's already coming...

3 0

3 years ago