The use of credit in the United States can have both positive and negative impacts on economic growth, depending on how it is utilized.
Hence option C is correct
One example of the positive impact of credit on the economy is when a person uses a bank loan to start and expand a restaurant business.
By obtaining credit, the person is able to access funds that they may not have otherwise had, allowing them to invest in their business and create jobs. As the business grows, it can generate more revenue and contribute to economic growth through increased consumption and tax revenues.
In contrast, using credit irresponsibly, such as by incurring high-interest payments on a credit card or taking on debt without the ability to pay it back, can have negative consequences for both the individual and the broader economy. These practices can lead to financial instability, default, and reduced spending, which can ultimately lead to a slowdown in economic growth.
Overall, the use of credit can be a powerful tool for promoting economic growth when utilized responsibly and with a clear plan for repayment.
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Answer:
the answer is C. A person uses a bank loan to start and expand a restaurant business
Explanation:
Answer:
1900s, the presidency became less powerful as the government grew.
Explanation:
b. the Middle East.
c. Russia.
d. Latin America.
Best answer:
Further detail:
US President Ronald Reagan had begun his presidency in 1981 by calling the Soviet Union the "evil empire" and proposing major new defense initiatives to challenge the USSR. But in Reagan's second term, his rhetoric softened and he developed a personal relationship with Soviet premier over the course of several summit meetings. In 1987, they worked out together and signed the Intermediate-Range Nuclear Forces Treaty (INF Treaty, a significant step toward arms control and reducing tensions between the two powers.
19th century: The American expansion was guided by the concept of Manifest Destiny, being that the people of the time believed it was their fate to expand and colonize the rest of the territory (that became what is now the U.S.), whilst pushing forward their virtues and institutions, with the urge to do so being irresistible to them.
20th century: The expansion of this period (that actually started in the final years of the century before) was called Imperialism, where the idea of gaining overseas territories, expanding American influence on international market by expanding their industry and trade.
Similarities and differences: In both periods there was an interest in expanding American territories, although the ideologies behind those movements where different: in the former the belief of forming a great country through force of will was their core motive; conflicts with other nations and cultures were consequences rather than the motif. In the later the economic and power interest where the reasons for doing so; the expansion had many morally questionable sub-tones, such as racism and an exaggerated me-before-you approach to all, with conflict and war being promoted by one president of the time (Theodore Roosevelt).
Answer:
With the passage of time, weaknesses in the Articles of Confederation became apparent; Congress commanded little respect and no support from state governments anxious to maintain their power. Congress could not raise funds, regulate trade, or conduct foreign policy without the voluntary agreement of the states.