The correct statement is," Bonds benefited the citizens who purchased them in a way that the government repaid the bond purchasers with interest." The correct option is D.
Bonds are such securities issued by the government or any other body to procure or raise funds, and interest is payable on them at a predetermined fixed interest rate.
<h3>Bond instruments </h3>
- Bonds are an instrument issued by a borrower to the public who subscribe to them as a token of proof that the borrower has raised such amount from the investor, payable at a fixed time period.
- Bonds generally are beneficial as they are comparatively secured investments than the equities and debts and give more interest than any bank deposits or saving accounts.
- Bonds may be issued by a Government or any other corporate body to raise funds for a specific purpose, which is payable at a fixed rate of interest predetermined at the time of issue of such securities.
Hence, the correct option is D that the government benefits the purchaser of bonds in the way of repaying such bonds with interests to its subscribers.
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Answer:
Tunka Manin - Increased trade of salt and brought economical success
Mansa Musa - Showed of wealth, emphasized education and knowledge.
Askia Muhammad - developed a bureaucratic government and brought about expansion and consolidation
Explanation:
Tunka Manin was a ruler of the Ghana Empire from 1062 to 1076
Manin is known for his involvement with the local communities. He brought economical success to the Ghana Empire. He increased trade, especially that of salt within the empire. Manin was an inspiring figure using an air of divinity and magic, which he used to motivate his people to protect him well. Manin was known to display his wealth by wearing the finest jewels and ivory.
Mansa Musa made a pilgrimage to Mecca which was regarded as his most significant accomplishment. This made a clear sing of wealth to the rest of the world and the enormity of Mali Empire. Musa also quickly established Timbuktu as a place of education and knowledge. People from Africa and the Middle East would come for education purposes.
Askia Muhammad brought about expansion and consolidation which extended the empire to the borders of Yatenga in the South; and from Air in the Northeast to Futa Djallon in Guinea. Instead of staying in the line of Islam, he improved on the traditional model by instituting a system of bureaucratic government which was unparalleled in Western Africa.
Answer: Hoboes- was the name of person who were homeless and traveled along rail lines hopping on trains.
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