Answer:
Depression
Explanation:
Depression is a stronger way of recession. It is an expanded recession that can last for years, where economy crashes. Unemployment goes high, real estate goes down.
Depression can last for years and it can cause many side effects. One of them was The Great Depression that happened in 1929 and devastated the US economy.
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There were changes in land ownership that affected the peasants who initially had to just feed themselves but due to the new forces they had to be indebted to the colonialist. The Indian peasants lost there land
Answer:
False
Explanation:
The present value of money concepts show that money changes in value with time(tume value of money). Therefore the present value of money today is the discounted value of future cash flows or "series" of cash flows. This shows that money decreases value with time and the present value of money today is not "equivalent" or greater than money in the future as a result of inflation or some annual rate of return not utilized.
Answer:
Inca
Explanation:
Inca society was based on a strictly organized class structure. There were three broad classes: The Emperor and his immediate family, nobles, and commoners. Throughout Inca society, people who were “Inca by blood” – those whose families were originally from Cuzco – held higher status than non-Incas.
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