Answer:
<u>Popular sovereignty</u>
Is the ideals which state that a society need to be run according to the will of the majority of the people rather than a small number of elites.
<u>Social contract</u>
An ideal which state that a society can only be run if the people and the government engaged in a social contract. The people agree to let themselves constricted under the control of government legislations. In return, the government must work to increase the well being of the people.
<u>Natural rights</u>
Natural rights are a set of universal rights that cannot be undone / violated by any legislations or government actions under any circumstances.
<u>Individual rights</u>
Individual rights are a set of rights that bestowed to the people through a specific legal system. This rights can come and go depending on who held the position within the government.
Answer:
By encouraging inducement to save and also mobilising savings from the public, banks help to increase the aggregate rate of investment in the economy. This creation of credit, if it is used for productive purposes, greatly larges production and investment and thus promotes economic growth.
how?
The banking system plays an important role in the modern economic world. Banks collect the savings of the individuals and lend them out to business- people and manufacturers. Bank loans facilitate commerce.
Manufacturers borrow from banks the money needed for the purchase of raw materials and to meet other requirements such as working capital. It is safe to keep money in banks. Interest is also earned thereby. Thus, the desire to save is stimulated and the volume of savings increases. The savings can be utilised to produce new capital assets.
The answer should be mold
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