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Mice21 [21]
2 years ago
7

Why were banks important to American economic development?

History
2 answers:
FrozenT [24]2 years ago
5 0
Banks were important because The role that banks have in the economic growth of the early 1800s was pumping money back into America. By allowing businesses to borrow funds, businesses were able to hire new workers. They sparked economic growth by being insured by the federal government.

This Is what I put in my quiz let good luck
Amanda [17]2 years ago
3 0

Answer:

The role that banks have in the economic growth of the early 1800s was pumping money back into America. By allowing businesses to borrow funds, businesses were able to hire new workers.

Explanation:

because They sparked economic growth by being insured by the federal government.

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Which term most accurately describes the United States’ policy of staying out of the affairs of other countries?
lapo4ka [179]

The answer is D. Isolationism was a period in Americas history when they stayed out of wars and affairs that had nothing to do with itself. Dollar is the american currency, big stick has to do with militarism, good neighbor has to do with helping neighbors and allies.

I hope this helps! :)

7 0
3 years ago
Which of the following was most responsible for the ethnic diversity that developed in Washington during the years of growth?
blondinia [14]
Weyerhaeuser timber company
3 0
3 years ago
Explain why Germany's location in Europe contributed to it's being involved in a two front war
taurus [48]

I presume your question is in reference to The Great War, which we now call World War I.

The days leading up to the Great War (World War I) were full of military buildup, military planning, and countries lining up with one another in alliance systems.  The Triple Entente had Britain, France and Russia as allies.  In between those countries were the members of the Triple Alliance:  Germany, Austria-Hungary, and Italy, with Germany as the leading power in that group.  

Because of the alliance system, Germany assumed that if a war began, it would need to fight on two fronts -- west and east. Germany assumed it would be fighting against both France (on its western border) and Russia (on its eastern border) if war broke out.

German Field Marshall Alfred von Schlieffen drew up war plans that said attack France first, quickly, and then hold that territory while deploying forces to contend with Russia in the east.

In 1914, when Russia mobilized troops to come to the aid of Serbia against Austria-Hungary in 1914 (after the assassination of Austria's archduke by Serbian radicals), Germany declared war on Russia.  And when Germany went to war, the first thing it did was to march through Belgium to go and attack France.  Up to that point France had not had involvement in the conflicts that had begun in the Balkans.  Thus the war spread and quickly became a more global conflict.

3 0
3 years ago
Puspupusiya, al pagluuug ng pananampalataya.
Ede4ka [16]

Answer:

oo mahalaga ang pamilya sa lipunan

Explanation:

dahil ang pamilya ang una mong matatakbuhan sa oras ng kalungkotan,problema ang pamilya ang una mong karamay sa lahat ng bagay

3 0
3 years ago
The Great Depression of 1929-1939 was different than other depressions because: A. It only affected rich people, not poor people
Katyanochek1 [597]
B. It affected everyone and everyone suffered
5 0
3 years ago
Read 2 more answers
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