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<u>Answer</u>:
The common thing between these three types of activities is that they form a production chain giving customers the provision of finished goods or services.
Primary production involves acquirement of raw materials for production like coal, metal, rubber tapping etc.
Secondary production involves manufacturing and assembly process that involves the use of such raw materials.
Tertiary production involves commercial services that support the production and distribution process.
All the processes occur in line with each other, where the working of one is essential for the other.
Answer:
A central bank was needed to prevent the future panics is the correct answer.
Explanation:
The panic of 1907 is also known as the Bankers Panic .It was a financial crisis that occurred in US during mid October of 1907. During the crisis the New York Stock Exchange fell by fifty percent and due to panic people withdrew their money from banks and trust companies. The panic later spread throughout the nation. The panic happened due to the attempts to corner the market. Financier J.P Morgan prevented the panic from deepening by pledging large sum of money and by convincing other bankers to do the same. The panic highlighted the needs of an independent Treasury system to mange money supply and inject liquidity in the market when the need arose. Next year a committee was established by John D Rockefeller Jr. to find out the reasons of the crisis and propose solutions, it led to the creation of Federal Reserve System.
I'm not really sure what you mean by what courses could the United States take, but I do know that Madison wanted to have a national vote for president. The voting would count every States' votes on an equal manner, so it was more democratic
Hope this helped!
