What are the main functions of the central bank? The functions of a central bank can be discussed as follows: Currency regulator or bank of issue. Bank to the government. Custodian of Cash reserves. Custodian of International currency. Lender of last resort. Clearing house for transfer and settlement. Controller of credit. Protecting depositors interests. What […]
What are the 3 types of productive resources?
What are the 3 types of productive resources? There are three kinds of productive resources: human, natural, and capital. Human resources are the strength, education, and skills of people. Natural resources are the gifts of nature that are used to produce goods and services. What are 4 types of productive resources? Transcript. The factors of […]
What is the philosophy of legalism?
What is the philosophy of legalism? Legalism in ancient China was a philosophical belief that human beings are more inclined to do wrong than right because they are motivated entirely by self-interest and require strict laws to control their impulses. It was developed by the philosopher Han Feizi (l. c. 280 – 233 BCE) of […]
What groups benefit from inflation?
What groups benefit from inflation? Inflation means the value of money will fall and purchase relatively fewer goods than previously. In summary: Inflation will hurt those who keep cash savings and workers with fixed wages. Inflation will benefit those with large debts who, with rising prices, find it easier to pay back their debts. How […]
What was the significance of the 1876 election?
What was the significance of the 1876 election? It was one of the most contentious presidential elections in American history, and gave rise to the Compromise of 1877 by which the Democrats conceded the election to Hayes in return for an end to Reconstruction and the withdrawal of federal troops from the South. What was […]
What did Caesar accomplish in his rise to power?
What did Caesar accomplish in his rise to power? Julius Caesar began his rise to power in 60 B.C.E. Caesar defeated Pompey’s forces and entered Rome in 46 B.C.E., triumphant and unchallenged. Upon his return, Caesar made himself dictator and absolute ruler of Rome and its territories. During his rule, he enacted several reforms. How […]
What is a locks?
What were the major transportation developments of the 19th century?
What were the major transportation developments of the 19th century? At the beginning of the century, U.S. citizens and immigrants to the country traveled primarily by horseback or on the rivers. After a while, crude roads were built and then canals. Before long the railroads crisscrossed the country moving people and goods with greater efficiency. […]
How did Bush v Gore change the country quizlet?
How did Bush v Gore change the country quizlet? In Bush v. Gore (2000), a divided Supreme Court ruled that the state of Florida’s court-ordered manual recount of vote ballots in the 2000 presidential election was unconstitutional. The recount resulted in a dramatic tightening of the race, leaving Bush with a bare 327-vote lead out […]
What are some criticisms of IQ tests?
What are some criticisms of IQ tests? Criticisms have ranged from the claim that IQ tests are unfair to those who are disadvantaged, to the claim that the test items have changed little over the years, to the charge that IQ tests minimize the importance of creativity, practical intelligence, character, virtue, and morality, to the […]