Answer: Choice D) Its high unemployment rate
==========================================================
Explanation:
Ideally you should do external research to get the answer, but luckily we can eliminate non-answers to narrow things down.
- Choice A is false because having a skilled labor force and foreign investments means that the country is diversified to withstand an economic storm. Sure there is still likely a recession, but recovery would be fairly quick if choice A was the case.
- Choice B is a similar idea. Having modern industrial policies means the workforce is agile and flexible, and in turn there's low unemployment. Ideally the environment would be an issue as well. This is why we can rule out choice B.
- Choice C can be ruled out because a high GDP is the opposite of what it means to have a slow recovery. High GDP means the country is producing a lot of goods and services, and the standard of living is expected to be high. In short, the recovery is either strong or already over when high GDP occurs.
In summary: Choices A, B, and C can be eliminated.
The only thing left is choice D. Having high unemployment is one factor that leads to slow recovery. This makes sense because people without a job aren't able to contribute to the economic output of a country.
Athens is farther north (Brainliest please)
The iron and textile industries played just 2 roles in the Industrial Revolution, textile were originally made by hand in peoples homes when the textiles industry evolved into factory work that became increasingly uniform. When the iron industry took hold a cheaper, easier method to produce cast iron was found. Both iron and steel became essential materials, used to make appliances, tools, ships, buildings.
Answer:
Explanation:
Bear Stearns was a well known global investment bank that collapsed during the subprime mortgage crisis in 2008 when nervous investors pulled assets from the firm and was bailed out in April 2008.The Federal Reserve moved to assist by providing a $25 billion loan to Bear Stearns collateralize by JPMorgan, the Government bail out Bear Stearns because of the devastating damage to the economy if the firm were allowed to go bankrupt and the shattered confidence in financial markets that it would create in the financial securities trading firms in the world.
