Taiwan is a small, densely populated island with a highly industrialized economy, since from the start of it independence it has been continuing to grow.
Answer: Obviously, there were a lot of causes for the French revolution, but bread shortages and famine were very important, even causing riots as far back as the early 1500s! However, in the 1760s, a group of economists made the decision that wealth was attained by agriculture, and thus, raised the prices of bread and other prices. In 1775, riots exploded in France, wherein angry protesters started "the Flour Wars."
In reality, bread became a sort of symbol for the French Revolution in the 1780s, and revolutionaries used it as a metaphorical weapon to spark outrage amongst citizens.
Credit risk is the risk that the borrower will not succeed to make required payments. Therefore, the lander could lose principal and interest. The risk also includes disruption to cash flows and increased collection costs. The loss can be complete or partial and can arise in number of circumstances. To reduce credit risk, the lender performs a credit check on the borrower, and also can require the borrower to take out the appropriate insurance, like mortgage insurance. The lander also can ask a guaranty from the third side.
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