<em><u>Expansionary Monetary Policy is pursued by Federal Reserve.</u></em>
<u>Explanation:</u>
Expansionary Monetary is a macroeconomic policy which takes an action on economic growth of the country. Expansionary policy can be either monetary policy or fiscal policy or combination of both. Its increases the money supply, boosts aggregate demand and lowers the interest rates.
It deters the contractionary phase of the business cycle. It’s even included that policy’s purchases of government securities and reduction in the ration of reserves, the other point is discount rate decreases.
Answer:
Maybe some of you have been to Atlanta, Georgia. It is a large capital city with the busiest airport in the world. Two interstates, 75 and 85, cut through the heart of the city, revealing an impressive skyline of buildings. Atlanta is home to Coca-Cola and the 1996 Summer Olympics. The city has a rich historical and cultural legacy. Did you know Atlanta was burned down toward the end of the Civil War? Georgia as a whole was devastated by the ''War Between the States.''
During the war, Union General William T. Sherman boasted that he would ''make Georgia howl,'' and he did. He ordered the business district of Atlanta be burned to the ground. It is believed 40% of the city was destroyed. Toward the end of 1864, Sherman became famous for his ''March to the Sea,'' in which he and his men cut a 50-mile-wide path of destruction throughout the state of Georgia. The path stretched from Atlanta to the port city of Savannah. Railroad lines were torn up, and farms and businesses set on fire, as Union troops adopted a scorched earth policy.
Before the Civil War, the capital of Georgia was Milledgeville. Upon readmittance to the Union, the capital was changed to Atlanta. Atlanta was founded in the 1830s as a railroad hub. Despite being burned down by Union forces in 1864, Atlanta was rebuilt and grew during Reconstruction. By 1880 it was Georgia's largest city. With freed people leaving agricultural jobs and moving to the city, Atlanta quickly became a modern industrial city. In the 1880s electric street cars began operating in the city. In 1886 a former Confederate soldier named John Pemberton developed a soft drink called Coca-Cola. The company thrived, bringing jobs and money to Atlanta.
Explanation:
Due to spirit of reasoning, Renaissance and emphasis on human logic.
<u>Explanation:</u>
- Europe by the mid of 15th century was going major societal and literary transformation. The old decadent thoughts were questioned and emphasis was placed on reasoning and human logic.
This came to be known as the renaissance. Due to social transformation and spirit of enquiry, sailors (mostly from coastal countries such as Spain, Portugal, and later Italy) began venturing into deep seas to explore and discover a new world. Earlier the venture and discovery activity was mostly dominated by Arabs who have been in the sea since the 7th century AD.
These activities were supported by discoveries in art of navigation, production of world maps etc. As a result of these activities, Columbus on his venture to find the shortest route to Indies (currently island of Indonesia famous for species) landed into America thus discovering the whole continent of America.
- What followed the venture was several expeditions to a different part of the worlds.
- The transformation took place in the economic sphere and crude concept of factory originated when workers were made to work away from home at the predesignated site by the landlords. The wheel turned and turned and the whole of Europe in succession witnessed Industrial revolution at the same time the rest world experienced the scourge of colonialization.
- It was the absence of the Industrial revolution in the regions outside Europe that made them fall prey to colonial powers.
Answer:
Greeting approach
Explanation:
Lee's initial method of approach is the <u>greeting approach</u>. Greeting approach is a method of approach which involves greeting the customer in a friendly way, it should be said with a genuine smile. The aim of the greeting approach is to make the customer feel comfortable and welcome so that he/she can open up on what he/she wants. The greeting approach is an effective conversation opener.
