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Ierofanga [76]
2 years ago
8

Who was involved in Crédit Mobilier, and what was the purpose of this company?

History
1 answer:
stepladder [879]2 years ago
5 0

Answer:

Credit Mobilier was a sham construction company chartered to build the Union Pacific Railroad by financing it with unmarketable bonds.

Oakes Ames of Massachusetts

James Brooks of New York

Explanation:

It provided a mechanism to dispense the immense profits from building the railroad to the board of directors and its shareholders.

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2 years ago
What is a potential negative effect of an expansionary policy?
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Increased Inflation.,

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If confidence is very low, then people may not want to invest or spend, despite lower interest rates.

In a credit crunch, banks may not have funds to lend, therefore although the Central Bank cuts base rates, it is still difficult to get a loan from a bank.

Commercial banks may not pass the base rate cut on.

4 0
3 years ago
Who did James Madison borrow the idea of separation of powers from?
jok3333 [9.3K]
It was primarily "a. Baron de Montesquieu" who James Madison borrowed the idea of separation of powers from, since this idea was one of Montesquieu's main ways of ensuring that tyrannical governments did not form. 
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2 years ago
3) True or False: The Persian Empire was the largest empire in the world
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Answer:

true

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The result was that Athens won the Persian wars and that they stopped Persia from conquering Europe

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