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The following were the challenges faced by North Carolina’s banking system in the early 1800s:
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There was too much paper currency -
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The paper currency that was in circulation, which was actually a promissory note, had become a very common method of payment.
The problem of the storage and reciprocation of this currency had already started to become a huge problem.
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Rural areas did not have many banks -
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Though substantially large populations also lived in the rural areas, the network of banks had not yet reached rural areas. As a result, a large faction of the population was being left out of the banking system.
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Bartering and trading were very common -
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Though the system of paper money had bee introduced already, many people still continued to use the same old bartering system in which the exchanged commodities for commodities.
<u>Answer</u>:
Output increases with less labor because: Capital and technology increases.
<u>Explanation</u>:
After industrialisation, many lands underwent the usage of secondary sectors and feudal society decreases gradually. Feudal lords lost their power and middle class people emerges as the prestigious people in the society. Industrialisation leads to the decrease in the labour in agriculture but production increases because of the capital infusion in agriculture and due to the arrival of new technology. Demand of food products never dropped as they increases simultaneously with the population hence the increase in capital along with the new technology increases the food production across many countries around the world.
Answer:
I would say a small breed like a French Bulldog or a Boston Terrier
Explanation:
:3
Aryans were nomads, and they were also skilled warriors. With the advanced weapons and skills they were able to conquer north india
The correct answer is <span>social stratification.
Social </span><span>stratification refers to the ranking of people in society on a hierarchical basis, based on factors such as power, prestige and wealth. Through the system of social stratification, some members of society at the top of the hierarchy are considered as having a higher status and more privilege compared to those who rank lower on the hierarchy. </span>