Banking Information Guide
You are writing an information guide for young students titled Banking in the United States Made Easy!
Explain each of the following terms in your own words. Currency -
Interest -
Money supply -
Profit -
Stock -
Answer each of the following questions in complete sentences. Banks are businesses. Like other businesses, they seek profit. How do they earn profit?
Why might an individual want to use a bank? Give an example of why a person would use a bank. Why might a business want to use a bank? Give an example of why a business owner would use a bank. What is the Federal Reserve?
The money supply is the total amount of money available in the economy. How do changes in the money supply affect people and businesses?
How does banking affect the money supply?
What would happen if banking didn’t exist?
I WILL GIVE BRAINLY!!! PLEASE DO THIS ASAP
Answer:
Explain each of the following terms in your own words.
Currency - a system of payment also known as money
Interest - is a fee you pay for borrowing money
Money supply - the total amount of money in a country
Profit - a financial gain
Stock - a fraction of ownership of a company
Answer each of the following questions in complete sentences.
Banks are businesses. Like other businesses, they seek profit. How do they earn profit?
They earn money through bank fees and interest payments
Why might an individual want to use a bank? Give an example of why a person would use a bank.
They might use a bank to keep their money safe.
Why might a business want to use a bank? Give an example of why a business owner would use a bank.
A business owner might use a bank to get a loan.
What is the Federal Reserve?
The federal reserve is the central bank of the United states.
The money supply is the total amount of money available in the economy. How do changes in the money supply affect people and businesses?
It affects it because people will have more or less money to spend
How does banking affect the money supply?
It affects it by increasing the money supply.
hope this helps :]
Interest - In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rate. It is distinct from a fee which the borrower may pay the lender or some third party
Money supply - In macroeconomics, the money supply refers to the total volume of currency held by the public at a particular point in time. There are several ways to define "money", but standard measures usually include currency in circulation and demand deposits.
Profit - A profit is the difference between the revenue that an economic entity has received from its outputs and the opportunity costs of its inputs. It equals to total revenue minus total cost, including both explicit and implicit costs.
Stock - A stock (also known as an equity) is a security that represents the ownership of a fraction of a corporation. This entitles the owner of the stock to a proportion of the corporation's assets and profits equal to how much stock they own. Units of stock are called "shares."
How do they earn profit?Profit describes the financial benefit realized when revenue generated from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity in question. Any profits earned funnel back to business owners, who choose to either pocket the cash or reinvest it back into the business.
Why might an individual want to use a bank?Consumers usually view banks as places to keep money or as places to go to borrow money. The types of accounts you can have with a bank may include: Checking accounts. Savings accounts.
Why might a business want to use a bank?Banks provide business-specific financial services that help business owners manage their money. In addition to basic checking account services that allow business owners to deposit funds and write checks, they may also allow businesses to transfer money by Automated Clearing House (ACH) and wire.
To learn more about profit and bank refer
https://brainly.com/question/14927242
#SPJ2
The reason the pilgrims came to america in 1620 was.
Answer: bro what
Explanation:
2. What is nonviolence, and what role did it play in the struggle?
Nonviolence, as the name indicates itself, is a nonviolent way to request a political or social change. It is a peaceful way to improve our world, without the use of harmful actions to other people.
During racial movements, noviolence took a major role as the protagonist within events. African American people used nonviolent technics to express their ideas (such as sit-ins, or commercial boycotts). Nonviolence has been used to promote equality by women, persons with disabilities, other racial groups, among others. Additionally, this technique has also an international impact beyond the U.S.A. For example, India liberated itself from the British Empire by using nonviolence in expressing their need for a change. We may also find other examples within the pass of time, this way of protesting has a rather extended history in many places around the world.
Plss help! NO LINKS!!!!!!!1
Reba Mclntire was the female Elvis of Oklahoma. True or false?
Answer:
i don't know
Explanation:hope you find you answer
What was the Holocaust?
the death and destruction that followed the Battle of Stalingrad
the escape of hundreds of thousands of Jews from death camps
the mass slaughter of Europe’s Jews and others by the Nazis
the deportation of political prisoners to German concentration camps
Answer: c
Explanation:
The Holocaust was the mass slaughter of Europe's Jews and other groups, including Romani people, disabled individuals, homosexuals, and political dissidents, by the Nazis during World War II. Therefore, option C is correct.
What was the Holocaust?The Holocaust was a genocide that took place during World War II, in which the Nazi regime systematically murdered approximately six million Jews, as well as other targeted groups such as Romani people, disabled individuals, homosexuals, and political dissidents.
The Nazis believed in the concept of racial purity and sought to eliminate those they considered to be "inferior" or "undesirable." The Holocaust involved a range of methods of killing, including mass shootings, gas chambers, and starvation.
It also involved the forced labor and exploitation of those targeted. The Holocaust is considered one of the most heinous crimes in human history, and it had a profound impact on the world's understanding of human rights and the need to prevent such atrocities from happening again.
Learn more about Holocaust here:
https://brainly.com/question/7327413
#SPJ2
Which is not the cause of World War I
Answer: Militarism , Alliances and Imperialism are the cause of World War I. liberalism is not the cause of World War I.
Explanation: hope that helps.
world War 1cisnt real and is only science
Compare and Contrast How do strict constructionists and liberal constructionists differ in their attitude toward congressional power?
Interpret What is the significance of the courtâs decision in McCulloch v. Maryland, 1819?
Analyze Information How do each of the nonlegislative powers of Congress illustrate the principle of checks and balances?
Apply Concepts What is the Necessary and Proper Clause? Why has it been called the Elastic Clause?
Draw Conclusions Why is the Commerce Clause, written in 1787, still adequate to meet the needs of the nation in the 21st century?
ANSWER:
Compare and Contrast: How do strict constructionists and liberal constructionists differ in their attitude toward congressional power?
Strict constructionists and liberal constructionists differ in their attitude toward congressional power in that strict constructionists support a rigid interpretation; in this sense no right that is not expressly recognized should be awarded. Liberal constructionists support a broader interpretation.
Interpret: What is the significance of the courtâs decision in McCulloch v. Maryland, 1819?
The McCulloch v. Maryland 1819 case was one of the most if not the most important first cases on federal power in the United States. The significance of this case being the Supreme Court ruling that the Federal Government had the ability to pass laws not written in the Constitution, which gave the Federal Government a great authority over the states. This gave them the ability to be immune to state taxes of the national bank, specifically in the case of Maryland taxing the national bank.
Analyze Information: How do each of the non legislative powers of Congress illustrate the principle of checks and balances?
By the principle of check and balances, it is reassured that any branch of government or political group concentrates power in its hands.
The Congress has the power to overturn Supreme Court ruling, impeach the president, conduct trials and remove officers from the other branches of government.
Apply Concepts: What is the Necessary and Proper Clause? Why has it been called the Elastic Clause?
The Necessary and Proper Clause allows Congress to make laws it needs to carry out its own powers. The Necessary and Proper Clause is called the Elastic Clause because of the implied powers. It is believed that government is assumed to possess without being mentioned in the Constitution.
Draw Conclusions: Why is the Commerce Clause, written in 1787, still adequate to meet the needs of the nation in the 21st century?
The Commerce Clause gives Congress the power to regulate trade with other nations. This is very relevant in the 21st century because we are in an era of globalization in which trade among nations is paramount for development. This is why nations sign trade deals, and the US is no exception to this. In fact, at the moment, the US is negotiating several trade deals, for example with China, a country that already has great economic power
Strict constructionist states that the Anti-Federalist stand from the ratification era. The liberal constructionists were the ones who led the fight to take in the Constitution.
What is the importance of the court's decision in McCulloch v. Maryland, 1819?The case of the McCulloch v. Maryland was one where the Supreme Court stated that the formation of the Bank of the United States as "important and right" to the use of the four powered that are expressed and used by Congress
Conclusively, Note that it was used in the aspect of taxing, borrowing, currency, and also that of commerce powers.
Learn more about constructionist from
https://brainly.com/question/7019788
#SPJ1
Which Mesopotamian culture began the tradition of loyalty to an individual leader instead of a state
Answer:
The cultures of Mesopotamia are considered civilizations because their people: had written, had settled communities in the form of villages, planted their own food, had domesticated animals, and had different orders of workers.
Explanation:
how did India deal with the legacy of the colonialism
Answer:
Explanation:
What is the legacy of colonialism?
The process of colonialism left a legacy that infuses modern globalization. As Western European nations overtook control of various areas, leaders and merchants moved many indigenous peoples from their homelands to solve labor shortages faced by the colonial powers.
HURRY 10 MINUTES LEFT!!!!
The effect of the Declaration of Independence was to
O A call for King George III to step down
O O
B. ask for a voice in Great Britain's government
C. propose a set of laws for the American colonies
о
D. separate from Great Britain and become a new nation
Explanation:
D. separate from Great Britain and become a new nation
How does the poverty rate of today compare to that of the 1970s? a. it is much higher today c. it was much higher in the 1970s b. it is relatively the same d. it was much lower in the 1970s
The poverty rate of today compare to that of the 1970s is relatively the same. Option b is correct.
What is poverty rate?The poverty rate is the ratio of the number of people in a given age group whose income falls below the poverty line and that taken as half the median household income of the total population.
As compared with the poverty rate in the 1970s, the current rate is relatively the same, there is the minor difference between both the time periods.
Therefore, option b is correct.
Learn more about the poverty rate, refer to:
https://brainly.com/question/11699582
PLEASE I NEED HELP THIS IS PAST DUE!!!!
Why did President Clinton say he vetoed the budget sent to him by the Republican Congress?
Answer:
"I cannot in good conscience sign a bill that cuts education to save pet Congressional projects," Mr. Clinton said, as the invited guests applauded. "That is old politics. It is wrong. It wasn't a good policy when we were increasing spending on everything. It is a terrible policy if you're going to cut education to put pork back in."
Explanation:
Thats what he said
How does President Clinton propose to expand opportunities in the 21st Century?
During his presidency, Clinton focused on various initiatives aimed at expanding opportunities for American citizens. Some of his notable proposals included:
Economic Policies: President Clinton implemented economic policies aimed at fostering economic growth, job creation, and reducing income inequality. His administration advocated for fiscal responsibility, welfare reform, and increased access to education and training to enhance employment opportunities.
Education: Clinton prioritized education as a means to expand opportunities. He introduced initiatives such as the Goals 2000 program, which aimed to improve educational standards, increase school funding, and provide training for teachers. He also established the AmeriCorps program to encourage volunteerism and community service.
Healthcare: President Clinton proposed significant healthcare reforms during his presidency, including the introduction of the Health Security Act in 1993. Although the act did not pass, it aimed to provide healthcare coverage and expand access to affordable healthcare for all Americans.
Technology and Innovation: Clinton recognized the importance of technology and innovation in expanding opportunities. He supported initiatives to bridge the digital divide, promote internet access, and enhance technological education and training.
Welfare Reform: President Clinton signed the Personal Responsibility and Work Opportunity Reconciliation Act (PRWORA) in 1996, which aimed to reform the welfare system. The act emphasized work requirements, job training, and assistance programs to promote self-sufficiency and reduce long-term dependency on welfare.
Learn more about President Clinton here
https://brainly.com/question/11616771
#SPJ2
Which invention in the early twentieth century may have helped California resident Thomas Watson communicate instantly with his mother who lived in New York.
Answer:
Thomas Augustus Watson
Explanation:
Thomas Augustus Watson (January 18, 1854 – December 13, 1934) was an assistant to Alexander Graham Bell, notably in the invention of the telephone in 1876.
Date of death: December 13, 1934
Born: January 18, 1854
Answer: i got u
Explanation:
Thomas Augustus Watson (January 18, 1854 – December 13, 1934) was an assistant to Alexander Graham Bell, notably in the invention of the telephone in 1876.
The Treaty of Versailles is generally acknowledged as being a failure. What, in your opinion, makes it a
failure? What could it have done differently to be more successful?
Answer:
The United States after World War 1 never ratified the Treaty of Versailles. This didn't fully stop Germany. If the US ratified it, Germany wouldn't have started World War 2.
Which of the following was true of the us economy in the 1970s? prices for goods and services stayed the same, but the dollar bought less than it previously had. Many americans were employed, and their wages increased dramatically over previous years. Many people made less money, but the dollar bought more goods and services than it previously had. Prices for goods and services were increasing, and the dollar bought less than it previously had.
The prices for goods and services were increasing in the US economy in the 1970s, and the dollar bought less than it previously had. Thus, the last option is the correct answer.
What was the condition of US economy in 1970s?The United States saw some of the greatest inflation rates in recent memory throughout the 1970s. Interest rates consequently increased to around 20%. The Keynesian economic theory, the closure of the gold window, Fed policies, and market psychology were all factors in the high inflation.
Numerous enterprises were destroyed by the Great Inflation and the subsequent recession, which also impacted countless people. High inflation and uneven economic development were coupled to create stagflation in the 1970s. Stagflation was brought on by large budget deficits, low interest rates, the oil embargo, and the demise of regulated currency rates.
Therefore, prices for goods and services were increasing, and the dollar bought less than it previously had.
To learn more on US economy, click here:
https://brainly.com/question/3908474
#SPJ7
How has technology directly benefited consumers? check all that apply. it has created brand-new industries. it has increased employment opportunities. it has given access to online banking and electronic pay. it has created the ability to purchase goods with the click of a button. it has introduced new products, such as smartphones.
Answer:
C, D, and E.
Explanation:
Edge, 2022.
How did the Renaissance spread across Europe?
ANSWER :
-Renaissance began in Italy. From there it spread to France, Germany, Flanders (modern-day Belgium), Holland, England, and Spain.
Please Help. Will Give Brainliest! Timed question!
Answer:
The word "exterminate" used by the Nazis holds great impact and emphsizes as to why they killed many Jews. "Exterminate" also gives reason to an action, in this case it was ethnic cleansing. In which the Nazis believed that the Jews were a displacement in society and had to be eradicated for the greater good.
Explanation:
Which of the following best describes william jennings bryan’s political experience? bryan served as the governor of nebraska and as secretary of state. bryan served as a congressman and as the attorney general. bryan served as secretary of state and a congressman. bryan served as vice president.
The correct answer describes the political experience of William. J. Bryan's which is the option (c) or (iii).
What was Bryan's political experience?He ran for President three times but lost each time. He opposed participation in the First World War but backed Prohibition. He was also a supporter of the Silver Standard over the Gold Standard.
Therefore, Jennings, William Bryan has served in the legislature as both a secretary of state and a lawmaker.
To learn more about Bryan's experience, refer below
https://brainly.com/question/1308175
Answer:
C
Explanation:
if you could chose to make any of americas 46 presidents who? and why dead or alive they (cannot be one that was shot)
Answer:
I would say George Washington, because he led a great army, and he wasn't just concerned about power, he wanted to make America a better place for everyone. He was fair, and pretty much everyone (Americans) liked him. After all, there's a reason they made him the first president.
Explanation:
I know it's a generic answer, but he's all I could think of.
President Donald J. Trump
The answer is based on policy, rather than rhetoric. President Donald J. Trump has accomplished many of what he has said he would do, and though he doesn't exactly filter his words, the general public would always know what exactly he is thinking and how he would act.
In terms of foreign political policy for the European sector, he was able to force American allies to pay their fair shares for American protection. They also had to bring up their military standards to be more inlign with United Nations standard. He was also able to negotiate with Russia to keep relative peace.
In terms of foreign political policy for the Asia-Pacific sector, he was able to keep China in check from their expansion into neighboring countries, and to limit China's sphere of influence. He also strenghtened US relations with their Asia-Pacific allies, and provided them sufficient military presence. He was especially able to strengthen ties with India, China's geopolitical rival, to limit the expansion of Chinese imperialism.
In terms of foreign political policy for the Middle East, he stabilized the region by bringing together Israel and their neighboring countries and making the region more peaceful. He also supplied equipment to Israel and other US allies in the region to not only to be used as defense, but also to stabilize the region through military powerhouses.
In terms of media and news coverage, Trump was able to expose the media to what they truly are, which is pushing information, no matter how false it is, in order to push their own agenda on the general public.
In terms of internet, Trump strived to build a network of the upcoming 5G with allies, rather than rely on Chinese technology, creating more independent jobs in the US.
In terms of national security, Trump restricted the Southern border and immigration permission to the original level, to ensure that the US can sufficiently provide for the new people joining as well as more time to screen out any potential harmful individuals.
In terms of taxes, Trump lowered the tax rate for everybody, and the average taxpayer enjoyed more tax deductions.
In terms of prisons, Trump reformed particularly the prison sentences for certain offences, as well as improved the conditions in said prisons. They were provided for necessity items that previously had to be purchased from the prison canteen, and also enjoyed extra benefits from genders, such as women in prisons receiving more hygenic products.
~
While the way he spoke was questionable, it is no doubt that President Trump on a policy level is one of our better presidents in recent history, and would be viewed on a much lighter note as time passes.
When Nixon first took office, what was the state of the US economy? It was prosperous and growing. It was generally stable. It was struggling with rising inflation
Answer:
Part A
C. It was struggling with rising inflation.
Explanation:
Part B
The poor economy led to stagflation, which means
B. high unemployment and high inflation.
Why did Churchill of Great Britain and Roosevelt of the United States not trust Stalin of the Soviet Union?
These western leaders saw Stalin as a pawn being used by a more diabolical Soviet leader that they did not trust.
These western leaders believed that Stalin had another agenda to fulfill and was just using the war to fulfill this agenda.
These western leaders were the head of democratic states and did not trust anyone who was a communist.
These western leaders did not trust anyone who was not educated in the West or had not been freely elected into office.
Answer:
These western leaders saw Stalin as a pawn being used by a more diabolical Soviet leader that they did not trust.
These western leaders believed that Stalin had another agenda to fulfill and was just using the war to fulfill this agenda.
Explanation:
summarize the story of `sir philip sidney' or suomoto
Answer:
read explanation
Explanation:
Sir Philip Sidney, (born Nov. 30, 1554, Penshurst, Kent, Eng.—died Oct. 17, 1586, Arnhem, Neth.), English courtier, statesman, soldier, and poet. Born into an aristocratic family and educated to be a statesman and soldier, Sidney served in minor official posts and turned to literature as an outlet for his energies. Astrophel and Stella (1591), inspired by Sidney’s passion for his aunt’s married ward, is considered the finest Elizabethan sonnet cycle after William Shakespeare’s sonnets. The Defence of Poesie (1595), an urbane and eloquent plea for imaginative literature, introduced the critical ideas of Renaissance theorists to England. His heroic romance Arcadia, though unfinished, is the most important work of English prose fiction of the 16th century. None of his works was published in his lifetime. Wounded in action while soldiering in the Netherlands, he died from an infection, and he was widely mourned as the ideal gentleman of his day
What was the name of new york city when wall street was first built?.
Answer:
New Amsterdam
Explanation:
How did television expose the South at the start of the Civil Rights movement?
Answer:
It is often suggested that national television news coverage of the civil rights movement helped transform the United States by showing Americans the violence of segregation and the dignity of the African American quest for equal rights.
Television propelled the Civil Rights Movement in the 1960s by introducing civil rights campaigns, protests, attacks, and awareness in general onto local and national TV stations.
Explanation:
What is the main idea that Plato states in this passage?
The accumulation of property leads to rivalry.
The accumulation of property leads to a just government.
The accumulation of money leads to a corrupt government.
The accumulation of money leads to a just government.
Answer:
c.
Explanation:
Plato is stating in this passage that the men who accumulate gold and gain wealth are more likely to become rulers, which forgoes the poorer side of the population, creating a corrupt government.
Answer:
C: The accumulation of money leads to a corrupt government.
Explanation:
Got it right on Edge
The man who invented the nobel peace prize also invented what?.
Alfred Nobel is best known for his invention of dynamite and an explosive device called a blasting cap
New Zealand's largest agricultural export.
Question 11 options:
Apples
Bananas
Wheat
Kiwi
Answer:
apples and kiwi so of multiple choice choose them 2 of just 1 is allowed just do apple it is more.
Explanation:
The foundation of New Zealand's economy is exporting agricultural commodities such as dairy products, meat, forest products, fruit and vegetables, and wine. Dairy is the lead export commodity. Tourism is New Zealand's largest export industry in terms of foreign exchange earnings. It employs one in seven New Zealanders.