Travel from place to place now became easier with the number
of tracks that connected the states with each other. Apart from that, transport of products was
now easier resulting in the increase of business all over the country thanks to
the railroads.
Hey You!
Florida had wanted to enter as a slave state, which posed a problem and ultimately led to six years of wait.
1. What is the difference between currency and the money supply?
Currency is the type of money being used (for example the Japanese Yen or the American Dollar). While money supply is the amount of money in an economy and the money being used.
2. How do banks make profits?
They make profits by giving loans and them collecting with interest.
3. Why might you want a loan to start a business?
One might want a loan to start a business because not every person has large amounts of money to start and maintain a business, so many will go to a bank to start-up.
4. What is the Federal Reserve?
The Federal Reserve is the central banking system of the United States.
<span>the psychologist whose work is most relevant to their discussions would be: Bandura
Bandura committed himself to study the cause and effect of </span><span>observational learning. He conducted several research to determine how people form a behavior simply by seeing and analyzing everything around them.</span>
