The banking system is crucial for the functioning of the US economy because they make loans and create credit. Without loans many people wouldn't be able to buy a house or a car, and the economy would collapse. Government regulates the banks to make sure they are being fair to their clients.
The answer that best describes part od James Otis' role in the revolutionary period was : B Otis opposed the British practice of executing searches without warrants
According to him , this was very unconstitutional and he argued it to the supreme court of Massachusetts
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"c. Peninsulares were native-born Spaniards who held all the important positions in the colonies" would be the best option from the list, since these were the highest-ranking members of society. And "<span>Mestizo were of mixed race, Spanish and Indian, and were generally poor, if free," is also true. </span>
The European colonization of West Africa had numerous effects on the native people of the region. The Europeans used multiple methods to keep the things under control, including assimilation and association, or dividing and ruling. There was segregation, and the native people were not allowed to take high positions, or to be included into the education.
The borders between the imperialist powers did not corresponded with the ethnic or religious background of the people, which later in the history turned out to be a huge problem which has a big effect even in the present.
The Europeans also used lot of the natural resources of the region. For that purpose they built infrastructure, which can be seen as positive as it remained for usage for the native people after they gained independence. Also the Europeans introduced multiple plants, mostly cash-crops in the region, and they were of great benefit during the colonization, and in the present are still the main source of income for multiple nations of West Africa.