Answer:
It basically means that someone coming from a wealthy background won't ever have to apply themsleves to life because everything they need or want will be provided for them by the money they inherited.
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Answer: George Mason refused to sign the Constitution and opposed it's ratification, believing the document as drafted gave too much power to a central government and was incomplete absent a bill of rights to guarantee individual liberty.
The rise of the public sphere and public opinion.
The growth of a print culture and literary market - newspapers etc, the multiplier effect.
The rise of coffee houses, clubs, social gatherings. The voice of the street
The breakdown of absolutist politics.
The passage shows that Californian politics, and in particular, political advancement methods, were not wholly bound by law as they are now.
Governmental institutions and government control was weaker at that time, so it was difficult to enforce the law consistently. Because of it, people did not have a strong commitment to following legal paths for advancement. Revolutions and rebellions were more effective in seizing power than political campaigns, and there were few negative repercussions for those who chose that method.
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2. Banks are businesses. Like other businesses, they seek profit. How do they earn profit?---------->Banks offer mostly services and practically no goods. Banks allow depositors to earn interest on their money, and they can supply borrowers with loans to buy houses, cars, etc. The interest from these loans is one of they ways they profit.
Why might an individual want to use a bank? Give an example of why a person would use a bank.--------->An individual would want to use a bank because of some reasons. One is that it is a safe place to keep their money. Another reason is that there is an interest when you put your money in a bank. Which means your money will continue to grow
Why might a business want to use a bank? Give an example of why a business owner would use a bank. -------------->A business might want to use a bank in order to have a safer and surer way to keep and monitor money. The costs of using a bank to a certain business owner is that you have to pay the bank in keeping your money. The benefits would be that the money is sure and withdrawing and depositing is convenient. For example, if money isn't kept in a bank and when there is a disaster such as fire, the money will be burnt with the establishment.
What is the Federal Reserve?-------------->the federal banking authority in the US that performs the functions of a central bank and is used to implement the country's monetary policy, providing a national system of reserve cash available to banks. Created in 1913, the Federal Reserve System consists of twelve Federal Reserve Districts, each having a Federal Reserve Bank. These are controlled from Washington, DC, by the Federal Reserve Board consisting of governors appointed by the US president with Senate approval.
The money supply is the total amount of money available in the economy. How do changes in the money supply affect people and businesses?--------------->Changes in the money supply affect people and businesses in a variety of ways. The size of the money supply can increase and decrease the cost of borrowing or the rate of interest thus making it easier or harder for businesses and individuals to borrow money. Also the size of the money supply or a nation's monetary policy can influence inflation and the growth of an economy which influences both individuals and businesses as well.
Explanation:
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