The major problems during the financial crisis of 2008 identified by the Federal Reserve included a less liquid money supply, decreased consumer spending, and a reduction in lending due to a lack of confidence among financial institutions and a freeze in the credit markets.
This resulted in a liquidity crisis where credit was unavailable for state and local governments, businesses, and families, hindering borrowing and spending.
There was also a significant decrease in consumer spending due to the lack of accessible credit. The fall in house values, the revelation that numerous mortgage-backed securities were overvalued, and the widespread default on loans led to a crisis of confidence among financial institutions. This uncertainty made them more cautious, significantly curtailing lending practices. Additionally, many financial institutions struggled to obtain the necessary funds to continue operating, as the short-term market for loans from banks to other banks or firms became fraught with risk and uncertainty.
Ultimately, the credit collapse and the ensuing ripple effect across the economy reduced demand for construction, investments, goods, and services, causing a massive loss of jobs and impacting international trade.
The complete question is
According to the Fed, what were the major problems during the financial crisis of 2008? Check all that apply.
-The money supply became less liquid.
-Consumer spending increased dramatically.
-Lending and credit stopped.
-Banks were too easily able to fulfill consumer demands for loans.
-It was difficult for banks to receive the loans needed to have cash required to function.
How did the free-soil party influence the election of whig zachary taylor in 1848?
The Free-Soil candidate Drew votes away from the Democratic candidate.
why did james madison and alexander hamilton want to draft an entirely new document rather than just amending the article of confederation?
When several delegates of the United States met in the Constitutional Convention in Philadelphia, in 1787, their main purpose was to revise the system of government under the Articles of Confederation and create new laws that provided an adequate framework of government. However, many delegates, including James Madison and Alexander Hamilton, soon found out that amending the Constitution would not be enough to fix the inefficiencies of the Articles of Confederation, and the drafting of an entirely new constitution would be necessary.
The main reasons why Hamilton and Madison wanted to create a new Constitution were to establish a new structure of government based on the principle of Separation of Powers and the system of Checks and Balances, and to grant specific power to the government that allowed it to lead the nation properly such as the power to levy taxes and regulate commerce.
James Madison and Alexander Hamilton wanted to draft an entirely new document rather than just amending the Articles of Confederation because the Articles had a weak central government that was ineffective.
Further Explanation:
The Articles of Confederation was America's first constitution after becoming independent from Great Britain. This constitution was originally made with the central government having very little power. One of the biggest reasons behind this was the treatment of American colonists by King George III and the British parliament. The colonists felt that they were mistreated by a tyrannical central government.
Despite the delegates best intentions, the weak federal government set up within the Articles of Confederation failed. Due to the federal governments inability to collect taxes, put down rebellions, etc., many federalists (like Hamilton and Madison) wanted a completely new constitution. These individuals would help inspire the Federalist papers and the creation of a new US Constitution with a stronger federal government.
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Key Details:
Topics: American History, Constitutional Convention
Grade Level: 7-12
Keyword: James Madison, Alexander Hamilton, Articles of Confederation, Federalists, US Constitution
If you were a manager , which type of office document would you use to tell the employees in your office that you will be out for two days and that your secretary will handle any questions
Answer:
A memo
Explanation:
A memo, or memorandum, is a type of written document that can be used in a business office. Usually, each business will have a particular format that is commonly used in that setting. A memo can have varying degrees of formality, ranging from a simple handwritten note to a formal letter or policy briefing.
why did progressives support a graduated federal income tax ?
A gradual tax is proportional to the income of the taxpayer’s, meaning it is based on they capability to pay it depending on how much they earn. The progressive Movement stands that the problems were within the government and the society and in order to solve it there should be a graduated federal income tax. This is where the progressive tax takes part, because it will be different depending on the taxpayer’s income and in that way the taxes will be equal, compensating the differences of the society.
A graduated federal income tax was favored by progressive reformers because it was based on the ability to pay.
Graduated rate taxes enable states to collect more of the money needed to support public services from high-income taxpayers, allowing lower- and middle-income families to pay reduced income tax bills.
A graduated federal income tax is an income-based tax in which each person pays taxes depending on their earnings; as income increases, so does the tax rate. A graduated income tax was one of the policies that progressives favored in order to address issues in society and government.
Therefore, progressive reformers favored a graduated federal income tax since it was based on the ability to pay.
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Which of the following is true about the election of 1800?
All of the these
The election went to the House of Representatives, where it took 36 ballots and Hamilton's eventual support of Jefferson to break the tie.
Because of the election, the Twelfth Amendment was adopted in 1804.
It was the first election in which power was peacefully transferred from one national political party to another.
The election of 1800 saw a tie resolved by the House of Representatives, led to the adoption of the Twelfth Amendment for separate presidential and vice presidential electoral votes, and represented the first peaceful party power transfer in the U.S. Therefore, all of the given statements are correct.
The election of 1800 was a significant event in United States history that had several true statements associated with it. Firstly, the election resulted in a tie between Thomas Jefferson and Aaron Burr, both of the Democratic-Republican Party, leading to a decision by the House of Representatives after 36 ballots, with Alexander Hamilton influencing some Federalist votes to favor Jefferson. Secondly, this contentious election highlighted flaws in the electoral system of the time and resulted in the adoption of the Twelfth Amendment in 1804, which created a separate electoral vote for the President and Vice President. Lastly, the election of 1800 marked the first peaceful transfer of power between two different political parties in the U.S., from the Federalist Party to the Democratic-Republican Party, a transition sometimes termed a 'revolution' due to its peaceful nature and the significant change in political philosophy it represented. Therefore, "All of these" is the correct answer.
B. why did differences between the states cause problems of representation in the new government?
What was one of the contributions made by Copernicus to astronomy?
The contributions made by Copernicus to astronomy, There are certain impact is there on it, There were astronomical changes is also in it, THe changes in thinking also in it.
What is the impact?The term impacts The feeling you leave on this life and others is your legacy. You have the ability to become accountable for your actions and be intended of your path. You can be deliberate about your influence and your impact. As we see there are impacts on things or on life are being there in it also be there in it by the different impacts changes are being there also in it.
By Nicolaus Copernicus is also known as the father of modern astronomy, Because he was a polish astronomer, as well as a mathematician, is there, He was also the first European scientist. that propose the earth.
Therefore, As a result, He knew the heliocentric theory of the solar system.
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The Roman's first code of law dealt with which issues? Select all that apply. property rights punishment for criminals elections trade agreements
Answer:
The Roman's first code of law dealt with which issues? Select all that apply.
property rights
punishment for criminals
The "popular front" movement after 1935 showed intellectuals and activists growing in support for:
The Popular Front time frame arrived at an end with the Molotov– Ribbentrop settlement between Nazi Germany and USSR, and soon thereafter Comintern parties turned from an arrangement of anti-fascism to one of supporting peace. Numerous Comrade party individuals quit the party in nauseate at this bargain between Hitler and Stalin.
What is an accurate explanation for the success of the mughal empire?
What was the cause of the libels against Jews in medieval Europe?
Peru was the world leader in coca plant production until it was overtaken in 2014 by:
Property ownership in colonial virginia was a "double-edged sword" because it
What happened after lexington and concord?
The women's Christian temperance union argued that laws concerning alcohol were necessary to:
A. Decrease social problems.
B. Ensure full employment.
C. Expand democracy
D. Protect the rights of workers.
The women's Christian temperance union argued that laws concerning alcohol were necessary to Decrease social problems. Thus the correct option is A.
What is Law?A law is referred to as a set of rules and regulations, guidelines given in the constitution and implemented by the ruling government to maintain cordial relationships among people and helps to conduct the functioning of any country properly.
The WCTU promoted temperance as a way to make women's and children's lives at home safer. According to the Women's Christian Temperance Union, enforcing alcohol laws was vital to reduce societal issues.
Alcohol frequently caused destructive behavior in parents, which they afterward showed to their children. They contend that this poses a threat to traditional and religious values and work to pass legislation to uphold moral standards.
Therefore, option A is appropriate.
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In the late 1800s, meat and grain were processed in Chicago and sent eastward by _____.
Answer:
In the late 1800s, meat and grain were procesed in Chicago and sent eastward by railroad.
Explanation:
In the late 1800s Chicago was already the most important railroad hub in the U.S., with many railroad lines radiating from the city and being the most interchange point of freight traffic. Many lines connected Chicago with the wheat fields of Illinois and Wisconsin, helping Chicago becoming haulers of grain and livestock and a centre of meatpacking industries. Railroad lines stemming from Chicago transported the processed grain and meat eastwards.
How did newspaper circulation change from the 1900s to the 1930s?
The correct answer to this open question is the following.
Newspaper circulation changed from the 1900s to the 1930s in the following ways. The muckraker's journalists started to develop serious investigations about corruptive practices inside US politics, revealing a network of corruption in the government. Circulation increased because more people became interested in the news. It was President Theodore Roosevelt who coined the term muckraker in 1906. In that time, Yellow journalism led by William Hearst (New York Journal) and Joseph Pulitzer (New York World) managed the news in a sensationalistic way to attract more readers, and the circulation maintained its numbers.
How was Scotland able to maintain a religion separate from England?
Compare the life of a person living in Sumer in 2500 B.C with that of his or her descendant living in the same area in 500 B.C
Life in Sumer in 2500 B.C was structured by occupation, kinship, and social stratification, with specific inheritance and marriage practices. By 500 B.C, descendants experienced an evolution in social structures and cultural influences, though agriculture and hierarchy remained central. The Epic of Gilgamesh reveals cultural constants like values and views of the afterlife between these eras.
Comparing the life of a person living in Sumer in 2500 B.C with that of a descendant living in the same area in 500 B.C reveals various aspects of continuity and change within Mesopotamian society. In 2500 B.C, a Sumerian's life was deeply connected to the urban spaces they inhabited, usually linked by occupation and kinship groups. Evidence shows that there was social stratification, with some owning large tracts of land and others much less or none. Inheritance practices favored the eldest son who received a larger share and the responsibility of honoring ancestors often buried beneath the family home. Marriage was seen as a contract between families, and divorce could lead to social consequences, especially for women.
By contrast, in 500 B.C, a descendant in the same area, most likely under Babylonian or Assyrian influence, would experience a different quality of life influenced by the vast cultural and political changes. The urban landscape, religion, and social structures had evolved, incorporating the influences of various empires like the Akkadians, Babylonians, and Assyrians, who left enduring legacies in architecture, literature, and law. However, certain elements such as the importance of agricultural land, trade, and social hierarchy would likely have been constants in their lives as well. The Epic of Gilgamesh, coming from this region, underscores the cultural importance of heroic ideals, values, and a view of the afterlife that likely persisted over time.
Archaeological findings also indicate that Sumerians in 2500 B.C had to deal with a drier climate and increased competition for arable land, marking environmental challenges consistent with those that their descendants would continue to manage in 500 B.C. While specific practices and daily life details might differ, the overarching themes of land ownership, social obligations, and family structure present a throughline connecting these distant generations.
In the early 1950's, who was convicted and executed for giving atomic secrets to the soviet union
the mass emigration of the irish in the mid-19 century was primarily a result of
1) civil war
2) mandatory military service
3) famine
4) farm mechanization
Which statement best describes Lincoln’s position on the slavery issue in the 1850s?
He refused to discuss slavery in his speeches and avoided taking a position.
He was a committed abolitionist and campaigned to end slavery in the United States.
He personally opposed slavery but favored popular sovereignty in the western territories.
He opposed the spread of slavery but was willing to tolerate it where it already existed.
The position of Lincoln on slavery was that He opposed the spread of slavery but was willing to tolerate it where it already existed.
What was the issue on slavery?The issue that existed on the institution of slavery was that the Northern states wanted it to be abolished.
But the Southern states were adamant on keeping the institution becasue it was what helped them to get labor on their farms.
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Was john quincy adams the grandson of john adams
Trade along the silk roads was facilitated by
Nationalism in India during the 1800s encouraged Indians to seek independence from the country of
A) Great BritainB) United StatesC) ChinaD) Soviet Union
What was the first major battle of the revolutionary war, which occurred shortly after washington was named commander of the continental army?
Some americans who allied themselves with the british crown
a. found themselves in the distinct minority, as most colonists favored independence.
b. believed they would receive greater religious freedom under british rule.
c. were loyal as they were satisfied with british rule and thought any violent change would only worsen their lot.
d. did so despite believing the independence movement would be successful.
e. were angry that the continental congress had not sought a peaceful resolution to the conflict.
Which of the following might be an example of economic dominance, which Europe, the United States, and Japan often wielded over other regions?
A. a treaty signed to form a military alliance
B. a puppet government that was supported by foreign rulers
C. a military invasion that was implemented to put down revolutionary factions
D. a commercial firm that exerted political and social power in colonized regions
How did Thomas Jefferson’s Louisiana Purchase benefit the United States?
It created a barrier between the states and the Indian tribes to the west.
It doubled the size of the country and guaranteed U.S. control of the Mississippi River.
It prevented the Spanish from capturing that part of the United States and taking over the Mississippi River.
It generated income that freed the nation of significant debt incurred during the War of 1812
Which international initiative aims to put the human race on a path of sustanibilty