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jeyben [28]
3 years ago
14

True or False: In a normal (healthy, growing) economy, people and businesses take out loans so they can expand.

History
1 answer:
olasank [31]3 years ago
3 0
I guess True. By taking loans, they can invest in their economies/ businesses to build their society. So the government is encouraging its citizens to earn more money, open business, create jobs for their people.
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Why were the colonist not able to represent themselves in parliament?
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No Taxation without Representation. The Act resulted in violent protests in America and the colonists argued that there should be "No Taxation without Representation" and that it went against the British constitution to be forced to pay a tax to which they had not agreed through representation in Parliament.

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How much bruh moments have happened during history?
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The most significant contributionof the Shang Dynasty was
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3 years ago
During the Nullification Crisis of 1832, South Carolina threatened to secede from the Union because it disagreed with a federal
nlexa [21]

Simple Answer: Tariffs

A tariff is a tax (in this case) on imports. The South, particularly South Carolina, objected strongly to the high rate of taxation on goods she desparately needed. The rates did seem a little high -- 62% on 92% of the goods coming into South Carolina (and other southern states). For example if South Carolina want to import 1000 dollars worth of shovels, she would have to pay an additional 620 dollars to do it.

The acts of 1828 and 1832 were thought by the South to be ruinous because not only would she be forced to pay much more for basic needs, she would not be able to sell her cotton to Great Britain because of the way the tax was imposed.

Thus a very strong case was built for disobedience to the 1828 and 1832 acts.   What made those two acts a pain was that North was determined to force unity on a South that had other economic problems during the 1830s (like drought). So the nullification process meant that something had to be done or South Carolina was threatening to go to war to protect her economy.

Thus the Tariff act of 1833 was introduced, and though you have not asked anything about that, I think you should note that Act was intended to unruffle South Carolina's feathers.  It was a grand compromise devised by Andrew Jackson's administration. It succeeded until 1842 when it's tenure was up. You can read all of this by reading more about the Nullification Crisis. Be sure and read about Jackson's comments on it.  

So this rather complex turn of events all really hinged on money and standard's of living. The vocabulary used was States Rights Vs Federal Rights. Put in very simple language: who has more rights, the one or the many? It took a civil war some 30 years later to resolve that question.

6 0
4 years ago
what was one document that was created or shaped by the values and freedoms the colonist wanted and why?
puteri [66]

The Declaration of Independence is a document that was created for the values and freedoms the colonist wanted because they decided they wouldn't be ruled without representation.

6 0
4 years ago
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