Well, its actually bit complicated but Ill get into one of the biggest issues.
So, 2008, seeing that youre in high school, you were most likely here to experience it. There was the huge economic collapse building up because houses were gaining worth.
Because of this, investors began to see a chance at making large sums of money by doing something that you would think would end up bad.
Giving loans to people with bad credit score to buy houses.
They knew these people were more likely to default on their loans, the investor would then by law own the house and because prices are rising, they know they are going to make a ton.
This kept building and building and the houses were being defaulted on constantly and overtaken.
Well, supply and demand. You have a ton of houses with people kicked out and the people that need houses are the people with bad credit score that were just kicked out.
So there was a need for housing, but only for people who could not afford it.
The pricing of housing plummeted and many investors who had on credit made the investment, had to declare bankruptcy.
This is obviously a more simple overview but it was so bad that the economy dipped down to its lowest point since the great depression. Government worked very hard to try and control the situation and contain it from causing the final economic collapse of society and right now, we are in an "okay" economy so it seems that the restrictions worked.
Government had to intervene in the free market because if they did not, the economy would collapse.
And just to add, by saying we are in an "okay" economy, thats an understatement. Its insane the amount of stuff we have compared to other countries.
You may think that if we chose a random person, he would kinda be like you. Well, turns out we are the minority in the world.
There are only around 43% of people with access to internet. People have easier access to phones than they do to clean water.
The economy is complex but I hope this peaked your interest in it
Answer:
d. 133.
Explanation:
IQ otherwise known as Intelligent Quotient, is a measure of intelligence, which is applied by using ratio of mental age to physical or chronological age, then multiply by 100.
Hence, a child of 9year old had a mental age of 12 year old, (which means, performing on the test meant for an average 12 year old) the child is then assigned IQ of 12/9 * 100 which equals to IQ of 133.
Therefore, a 9-year-old who responded to the original Stanford-Binet with the proficiency of an average 12-year-old was said to have an IQ of 133.
Answer: Option (C)
Explanation:
From the given options , we can state that Vince's behavior is the example of <em>conformity</em>. Conformity is referred to as the function of coordinating with perspective, faith, and also the behaviors of group norms or the politics. Norms are mostly known to be implicit, i.e. the specific set of rules which are mostly shared by the group of individuals, that tends to further guide their conversation with other individual.
He was due too surrender because of the lack of Supplies
