Economic expansions and booms are common names for times of economic prosperity, whereas recessions and depressions are used to describe times of economic decline.
What leads to economic downturn?The surplus supply of items & services that aren't used when demand peaks can cause a recession, in which businesses reduce production and lay off workers as consumers' purchasing power declines and consumption declines further.
What is the term for a sinking economy?According to the Business Cycle, a recession is "a dramatic reduction in wealth creation that is dispersed across the business and that can continue upwards of a few months." Dating Committee of the National Bureau of Economic Research (NBER), the organization that keeps track of recessions. Real world factors are among those the committee regularly monitors.
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in a perfectly competitive industry the market price is $10. if a firm determines that its marginal cost is $7 then it should?
The market price in a completely competitive industry is $10. If a company determines that its marginal cost is $7, it should not be able to sell anything.
What is marginal cost?The marginal cost refers to the increase in manufacturing costs caused by the production of additional product devices. It is also known as the marginal cost of manufacturing. Calculating the marginal cost allows businesses to see how the number of output influences cost and, as a result, profitability in the long run.
The extra value to provide additional precision is known as marginal value. Assume the cost of producing a hundred vehicle tires is $100.It would cost $80 to create one more tire. That is the marginal price: how much it costs to make one more unit of an awesome or carrier. The marginal cost is determined by the production costs.The trade-in amount is the increase or decrease in production volume. Costs might differ depending on whether manufacturing grows or shrinks. This brings the item on the marginal pricing system, which plays a vital role in production, to a close.To learn more about marginal cost, click
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big stick diplomacy strengths and weaknesses
Strength in big stick diplomacy lay in enthusiastic and energetic global action, desire to bring the United States into the global world. Its drawbacks led to unequal power dynamics and associated vices between Latin America and the United States.
What was the threat behind Roosevelt's big stick diplomacy?Intended to negotiate peacefully, but can also show strength in case something goes wrong. The "big stick" or threatening at the same time as the military is strongly tied to the idea of real politics, which means the search for political power akin to Machiavelli's ideals.
What was big stick diplomacy based on?After taking office, Theodore Roosevelt promoted a "big stick" diplomacy that relied on a strong US military to achieve American goals. Roosevelt used this forceful approach to intimidate Colombia and gain control of Panama's "Canal Zone."
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What was the main effect of entrepreneurship in China Poverty noticeably declined foreign investment declined new PR?
The main effect of entrepreneurship in China is Poverty noticeably declined foreign investment declined new PR Poverty noticeably declined.
Poverty is ready no longer having enough cash to meet simple needs including meals, clothing, and safe haven. however, poverty is greater, tons more than simply now not having enough money. the world bank corporation describes poverty in this way: “Poverty is starvation.
Poverty is the state of 1 who lacks a normal or socially applicable amount of cash or cloth possessions. Poverty is stated to exist while people lack the manner to meet their simple needs. In this context, the identification of bad people first requires a determination of what constitutes simple desires.
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which of the following is not a characteristic of a corporation?
The alternative that is not a feature of a corporation is unlimited liability for stockholders.
What is a corporation?It corresponds to a well-structured and well-positioned business structure in the market, that is, they are large companies whose objective is to achieve profitability.
As characteristics of corporations we can mention the centralization of administration with the same common objective. Corporations are generally open capital companies, that is, they allow shareholders to become owners and receivers of dividends obtained in business.
Therefore, the unlimited responsibility of stockeholders is not a characteristic of the corporation, since management is centralized and stockeholders follow a standard of rules and conduct stipulated by the organization.
This is a incomplete question. The missing options are:
A. Separate legal existence
B. Unlimited liability for stockholders
C. Easy transfer of ownership interests
D. Ability to acquire capital easily
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Who was affected by the Roosevelt Corollary?
Latin America and the Caribbean was most affected by Theodore Roosevelt Corollary.
What did Roosevelt's big stick strategy entail?Roosevelt's "big stick diplomacy" meant that the United States would engage in diplomatic negotiations while retaining the ability to use force if necessary.
How did America benefit from the "big stick" policy?Roosevelt was successful in keeping the United States out of wars by threatening legitimately with force under his "big stick" strategy.
What led to the big stick diplomacy?The Venezuela Crisis of 1902–1903 has been considered as the impetus behind the Roosevelt administration's Big Stick strategy. Roosevelt invented the Roosevelt Corollary after directing a series of naval drills in reaction to this issue.
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Adam has a home appliance store that sells electronics such as refrigerators, television, video recorder, vacuum cleaner, microwaves and many others. For a long time, he used cash-paying methods at the lowest price. Although he does not have many customers, the ones he has are loyal the store. However, with a new store opening nearby selling similar goods, his area his business starts to deteriorate.
Ever since the sales decreases, Adam faces operation expenses problems, since the margin of his business is not enough to cover the overhead cost like rent, salary and other payments. The fact that Adam is a very honest person and has a good relationship with customers does not stop the buyers from choosing other options provided at the new nearby store. Adam later realises that the new store actually sells electronics at a higher price than him.
Adam is now struggling but trying to figure out the best solution to his increase his sales. He is also still figuring out whether he will change his payment methods.
Based on the above, write an essay on how Adam can improve the sales of his store. You have to include the following points:
1. Adam has been using cash payment method for a long time. Elaborate on the advantages of this method.
2. In your opinion, why did Adam’s customers prefer the new even though the prices are definitely higher than Adam’s?
3. Suggest new ways or methods that may be effective for Adam’s shop. Make sure to elaborate on the characteristics and advantages of your idea.
Take note that the answer must be written in an essay form. It should contain at least 750 to 1000 words.
Adam has been using cash payment method for a longest time but he can also try to include online payment.
How can Adam improve the sales of his store?Adam has a home appliance store that sells electronics such as refrigerators, television, video recorder, vacuum cleaner, microwaves and many others and he used cash-paying methods at the lowest price. Adam is a very honest person and also has a good relationship with customers but still they are choosing other options provided at the new nearby store. Adam realizes that the new store sells electronics at a higher price than him.
Adam has been using cash payment method for a long time but he can try to include other modes of payment also like online payment . That will enable customers to buy even when they do not have enough cash. Online payments are faster than cash or cheque, have higher Security.
Many people prefer online payment because it's more convenient and saves time and they will be less likely to delay the payment of their bills.
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What are the 3 major reasons to become an entrepreneur?
The key factors are that they will be passionate about learning, their creativity doesn't match the corporate setting, and they seek a lifestyle other than a nine to five job.
What are the 14 characteristics of entrepreneur?Main Facts of Successful Entrepreneurs They have a unique vision. They aim to have an impact in the future as they see far beyond what is happening right now. They are dedicated, have a strong sense of purpose, network, have a team of supporters, invest in themselves, and have faith in their capacity to succeed.
What are the 10 personal qualities of an entrepreneur?The first quality on our list is one that is frequently taken for granted: flawless communication, a will to succeed, calculated risk-taking, ongoing learning, excellent leadership abilities, drive and aspiration, and open-mindedness.
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What is the role of regulation?
The power of regulators to grant significant benefits to, or impose restrictions or penalties on, members of the public – and the extra profits to be gained from avoiding regulations – increases the risks of corruption.
Regulation is the process by which public sector organizations impose limits and limitations on specific activity. The state and municipal governments of NSW control a wide range of activities, including food, motor vehicles, building and real estate development, environmental management, workplace health and safety, and skill and profession licensing. Public authorities who evaluate applications or carry out inspectorial, investigative, or other compliance duties are included in the term "regulator" as used in this context. It can also be used to describe outside companies that the government hires to carry out regulatory tasks; for instance, state agencies may outsource evaluation tasks.
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how do long term goals differ from short term goals brainly
Long-time period dreams are intended to acquire desires of the future and are vital to broadening sustainably, on the other hand, quick-time period dreams are desires which are meant to preserve and meet immediate wishes.
After accomplishing research with greater than 6,000 humans, Professor Reiss identified the goals as energy, independence, curiosity, popularity, order, saving, honor, idealism, social contact, family, reputation, vengeance, romance, consuming, bodily exercise, and quietness.
Desire refers back to the ambition or aspiration of a person. need is a sturdy feeling, craving, or call for someone to own a few matters. call for refers to the claim, hobby, order, or capacity to purchase that commodity at a given price.
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How do you store Servsafe eggs?
This is how you store ServSafe eggs and egg mixtures:
Carefully handle pooled eggs (if permitted). After combining, cook right away, or keep at 41°F (5°C) or lower. Between batches, clean and sterilize the containers.
What is ServSafe?
ServSafe is a training and certification programme for food and beverage safety that is run by the American National Restaurant Association. Both ANSI and the Conference for Food Protection have accredited the curriculum. On the basis of a collection of recommendations to enhance safety and cleanliness throughout the food preparation process, it is regarded as a system that tries to avoid foodborne diseases.
For their management team, the majority of restaurants demand a minimal certification in sanitation. More than 5 million ServSafe Food Protection Manager Certifications have been granted as of this writing.
The newest version of the software is called ServSafe Essentials Seventh Edition. The topic of foodborne diseases is covered throughout the course, along with details on particular foodborne pathogens and biological toxins, including shellfish poisoning, contamination, and food allergies. Information on food safety management systems, sanitation standards for facilities and equipment, integrated pest control, purchasing and receiving guidelines, food preparation, holding, and serving guidelines, food safety regulations, and employee training are also included in the prevention section.
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How do you store Servsafe eggs?
how can producers maximize their profit check all that apply
They can strive to bring down their marginal cost, raise prices to boost their marginal revenue, and keep their marginal costs below their marginal revenues.
How do you define marginal revenue?The revenue increase brought on by the purchase of one extra unit is referred to as marginal revenue. While marginal revenue may be constant at some output levels, but law of diminishing marginal returns dictates that it will eventually start to decline as output levels rise.
Is marginal profit the same as marginal revenue?Marginal costs and profits are those that are incurred when creating the following unit. While cost of production is the additional expense for producing one extra unit, marginal utility is the additional income earned. The difference between price and marginal cost product is known as marginal profit.
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What is the difference between your adjusted gross income and your taxable income ?
Adjusted gross income (AGI) is your total income from all sources minus certain deductions, such as alimony payments, certain business expenses, and IRA contributions.
What is income?
Income, which is typically expressed in monetary terms, is the consumption as well as saving opportunity gained by such an entity within a given timeframe. Conceptually, income is hard to define, and different fields may have different definitions. Page not found For instance, a person's income may differ from their revenue as defined by law and in an economic sense. Haig-Simons income, which describes income as Consumption + Change in Net Worth and therefore is widely applied in economics, is a very significant definition of income. Income is a total that includes any wages, salaries, profits, interest payments, rent, or other forms of earnings received inside a calendar year for individuals and households in the United States, as defined by tax law.
It is your total income before any deductions are taken for taxes. Taxable income is the amount of income on which you must pay taxes. It is calculated by subtracting allowable deductions and credits from your adjusted gross income.
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What is the main reason why entrepreneurs?
To entrepreneurs, independence and desire, not money, are what drive them.
What are the 14 characteristics of entrepreneur?Main Facts of Successful Entrepreneurs They have a unique vision. They aim to have an impact in the future as they see far beyond what is happening right now. They are dedicated, have a strong sense of purpose, network, have a team of supporters, invest in themselves, and have faith in their capacity to succeed.
What are the 10 personal qualities of an entrepreneur?The first quality on our list is one that is frequently taken for granted: flawless communication, a will to succeed, calculated risk-taking, ongoing learning, excellent leadership abilities, drive and aspiration, and open-mindedness.
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What are tamper-evident closures?
Tamper-Evident Closure are typically lids for plastic and glass bottles used in the packaging and pharmaceutical industries.
A screw cap, lid, or closure's tamper-evident band or security ring performs a tamper resistant or tamper evident function. Although the phrase "tamper-proof" is occasionally used, it is thought to be misleading because theft is still theoretically conceivable.
A security band may be a separate packaging component or a part of the cap itself. It is a circular plastic or metal structure that is frequently encountered connected below closures on bottles, jars, and tubs. For caps, lids, and closures, several variants have been created.
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What is a register for a checkbook?
What are common tax deductions?
Student loan interest, retirement plan contributions, and house mortgage interest are a few of the most popular tax deductions.
However, these aren't the only tax breaks you may be qualified for. Deductions should always be investigated, whether you utilize an accountant or do your own online tax filing.
A tax deduction is what?
Your taxable income is decreased by a tax deduction, which decreases your overall tax burden. Your taxable income decreases as a result of deducting the tax deduction from your income. Your tax obligation decreases as your taxable income decreases.
An example of a tax credit
A tax credit lowers your real tax obligation dollar for dollar. A few credits are refundable, so if your tax obligation is $250 but you are eligible for a $1,000 credit, you will get a check for the $750 shortfall. (The majority of tax credits are not refundable, though.)
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What do you need if you want to open a bank account?
If you want to open a bank account: online or in person: a government-issued ID, personal details such as your Social Security number, and a way to fund your new account with an initial deposit.
A bank is a financial institution this is licensed to simply accept checking and financial savings deposits and make loans. Banks also provide related services which include men's or woman's retirement debts (IRAs), certificates of deposit (CDs), currency exchange, and secure deposit packing containers.
The function of a bank is to acquire deposits from the public and lend the deposits for the improvement of Agriculture, industry, exchange, and commerce. the financial institution can pay hobby at decreased prices to the depositors and gets pursuits on loans and advances from them at better fees.
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What is a problem that consumers faced in the 1920s ?
A hassle that consumers confronted in the 1920s groups invested in advertising and marketing to boom demand. companies provided credit for human beings without problems purchasing goods. consumers needed to pay better taxes on items.
customers sold too many goods they could not have the funds for. The past due Twenties is the time of the first-rate depression, in step with financial history. The range of products produced multiplied, and people purchased more than they might pay.
Consumerism came into its very own throughout the Twenties due to mass manufacturing, new products available on the market, and progressed advertising techniques. With extra enjoyment time to be had and money to spend, individuals had been keen to personalize trendy items.
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Why is it more costly to pay the minimum payment amount for a credit card?
It is due to the fact quite a few cards come with high-interest fees. Paying simplest the minimum will purpose you to pay more in the hobby and make bigger the term of your debt, consistent with Bruce McClary at the countrywide Federation for Credit Counseling (NFCC).
In widespread, debt that allows you to reach your desires, like owning a domestic, deciding to buy faculty, or starting a business, is probably taken into consideration as excellent. top debt might also assist you to build a credit score if you've practiced responsible credit score use over the years—and if that account interest is reported to credit score bureaus.
The debt collection statute of limitations is the quantity of time that a debt collector has to legally sue you for a debt. A collector handiest has a sure range of years wherein they are able to take you to court docket to pressure you to pay a debt that you owe. The most statute national is 15 years.
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What is supply and market equilibrium?
When market supply are in balance, prices become steady. This is known as equilibrium. Typically, when there is an abundance of a good or service, prices decline.
What is market meant to mean?The entire number of market participants there in geographical territory of discussion is referred to as the market. Terra, as well as several nations, regions, provinces, & cities, may be the subject.
And what were the 4 different industry types?The four types of financial market structures are oligopoly, monopoly, perfectly competitive, and monopolies. The following characteristics explain why the categories are different: In oligopoly, there are few producers, many others in perfect and robust competition, and just one in monopoly.
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What are the 4 phases of business?
No matter how big or little, every business experiences the four stages of business growth: startup, growth, maturity, renewal, and decline.
How would you define business?An innovative company or group that engages in professional activities is referred to as a business. They could be industrial, commercial, or something else. Businesses that are for profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
What is elementary business?The first measures you should take to be a successful entrepreneur are to learn the fundamentals. You may build a sustainable firm by doing market research and understanding your consumers' wants and expectations, but you should initially start with the fundamental business skills needed.
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what percentage of u s oil is imported
what percentage of u s oil is imported ? 72% of U.S
Crude oil imports of about 6.11 million b/d accounted for about 72% of U.S. general gross petroleum imports in 2021, and non-crude oil petroleum accounted for about 28% of U.S. total gross petroleum imports. In 2021, the united states exported about eight.54 million b/d of petroleum to 176 international locations and four U.S. territories.
Petroleum, additionally known as crude oil, or virtually oil, is a obviously taking place yellowish-black liquid mixture of mainly hydrocarbons,and is determined in geological formations. The call petroleum covers each certainly taking place unprocessed crude oil and petroleum merchandise that encompass subtle crude oil. A fossil gas, petroleum is shaped when huge portions of useless organisms, normally zooplankton and algae, are buried below sedimentary rock and subjected to both prolonged heat and stress.
Petroleum is mostly recovered by using oil drilling. Drilling is done after studies of structural geology, sedimentary basin evaluation, and reservoir characterisation. recent traits in technology have additionally led to exploitation of different unconventional reserves inclusive of oil sands and oil shale.
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Lamden Company paid its employee Trudy, wages of $61,500 in 2021. Of this amount, $2,400 was allocated to sick pay for two weeks due to Trudy’s spouse contracting COVID-19 and Trudy being quarantined. Trudy spent another 10 weeks at home caring for their children that were unable to attend school. Lamden allocated $10,000 in wages to family leave. Lamden allocated $6,000 of Trudy’s wages to the employee retention credit (5 weeks). The allocation of health care costs is $200 per week. Assume that all sick leave and family leave were taken after April 1, 2021. Compute Lamden’s:
Round your answers to two decimal places.
Credit for sick pay
The credit for sick pay according to the information given above is: approximately $2,365.39
What is Credit for Sick Pay?According to IRS standards, the COVID sick leave provision requires employers to pay sick leave earnings for up to two weeks (or 80 hours) at the highest of the following rates:
Regular rate of pay of the employee Minimum wages as defined by the Labor Standards Act of 1938 Minimum wage rate in force for the employee in the appropriate stateSubject to a daily maximum of $511 and a total of $5,110.
Given that the employer must pay $511 per day or $5,110 in total
We can use Trudy's wage to compute the Sick Pay.
Recall that Trudy's wages = $61,500
Number of weeks rudy sick = 2 weeks
Hence Sick pay = $61,500 / 52 x 2 weeks
= 2,365.3846
[tex]\approx[/tex] $2,365.39
Hence, Rudy's Credit for Sick Pay is : $2,365.39
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What should you look for in comparison shopping?
You should look for quality, quantity, and performance etc in comparison shopping.
A comparison buying website, once in a while called a rate comparison internet site, rate analysis device, evaluation purchasing agent, shopbot, aggregator or comparison purchasing engine, is a vertical search engine that customers use to clear out and examine products based on rate, functions, opinions and other criteria.
Thriller shopping isn't a surefire way to turning into a billionaire. but, it's miles an outstanding manner to make some more money on your unfastened time. accurate and entire reports sign to groups to approve you for extra assignments, so take care when completing shops and reports.
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What information should researchers and policymakers gather to determine a fair and sustainable plan to make Social Security solvent? Consider each bioecological level. For example, what factors at the macrosystem level might be helpful to policymakers? Exosystem factors? What microsystem or mesosystem factors might help policymakers plan Social Security changes?
One piece of information that researchers and policymakers should gather to determine a fair and sustainable plan to make Social Security solvent is information about how such funds are spent and invested.
One of the factors at the Macrosystem level that would help policymakers are all the factors that influence child development. This is because if children are well educated and invested in, society is better for it in the long run.
Exosystem factors include organizational factors such as people events and things inside of an organization.
What microsystem or mesosystem factors might help policymakers plan Social Security changes?Factors in the Mesosystem that might help policymakers plan Social Security changes are;
The interaction between parents and instructors.The child's neighborhood and relationship with his or her familyRelationship between parents and their children's friendsRelationship between siblings and friendsFamily members assist their child at a job or education.The relationship between the church and the family.Learn more bout exosystem:
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How do you pack eggs for shipping?
To pack eggs for shipping, you should first place them in a container that is crush-proof and secure. Make sure to fill any extra space in the container with cushioning material such as bubble wrap or Styrofoam peanuts.
What does Styrofoam peanuts means?
Styrofoam peanuts are a type of packing material made from expanded polystyrene foam. They are commonly used to fill the empty spaces in boxes so that items can be shipped safely and securely.
What is polystyrene foam?
Polystyrene foam is a type of plastic foam commonly used for insulation and cushioning. It is made from petroleum byproducts and is lightweight, durable, and inexpensive. Polystyrene foam can be cut and shaped into a variety of forms for a variety of applications, including packaging, insulation, and construction.
Also additionally, mark the outside of the container with “Fragile” or “This Side Up” to alert the handlers of the precious cargo inside. Lastly, be sure to use an expedited shipping service like overnight or two-day to reduce the risk of breakage.
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Marketer’s say prohibition of tracking takes away the marketer’s legitimate right to study consumer behavior. Which side do you agree with and what are your two reasons for doing so?
Marketers say the prohibition of tracking takes away the marketer’s legitimate right to study consumer behavior.
I agree that Marketers may track customer purchases without abusing the data. They should try to keep customer information private to protect clients.
it's profitable for the customerIt also makes the marketer's job easierWhat is Customer behavior?Generally, Marketers are allowed to monitor consumer purchases as long as they don't abuse the data they get. To preserve the privacy and safety of the clients, they should take efforts to stop any client information from being released.
Since it enables better customer communication, it is crucial for marketers. They can reduce the market gap and find needed goods and outmoded goods by analyzing how customers choose products.
Customer behavior must be taken into account in your company's marketing plan. Thanks to this knowledge, you can organize your resources, make wise choices, and focus on a larger consumer base. The goal is to reach your target market with the appropriate advertising at the appropriate moment.
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What is a difference between payroll and income taxes payroll taxes are itemized?
A difference between payroll and income taxes are in a payroll tax some part is at least paid by the employer like in medical care tax while in income taxes it is fully paid by employees.
What are taxes?The taxes are compulsory fees that individuals and organizations are required to pay to the government to support public services and government operations. It is calculated as a percentage of income or the value of goods or services.
Taxes can be imposed on various sources of income or economic activity, including personal income, property ownership, sales of goods and services, and corporate profits.
A difference between payroll and income taxes are in a payroll tax some part is at least paid by the employer while in income taxes it is fully paid by employees.
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Which regulatory agencies provide general oversight for the banking industry the Fed and the FDIC?
The "Regulatory Agencies for the Financial Activities of State Governments" are a particular group of organizations that regulate the financial services sector. These organizations are able to authorize a wide range of banking laws and operations.
The two main organizations in charge of policing the banking sector are the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC). In reality, the Fed is its own internal financial regulator. Maintaining banks' strong financial standing is its key duty, and its primary duty is to oversee the capital and liquidity of the banking system. The U.S. government's insurance corporation, the FDIC, is largely in charge of protecting its deposits.
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How a bank gets its money ?
When a customer deposits his or her money, they are giving the bank permission to borrow the money. This borrowed money is what is used for the loans to other customers. The bank pays a smaller amount of interest to the customer who allowed them to borrow the money and charges a larger amount of interest to the customer they lent the money to. The bank makes money from the difference in the interest. If too many depositors run to withdraw their money like in a time of depression, backup systems like a network of banks and the Federal Reserve and other systems kick in to get money to the banks that need it to meet their obligations so the bank doesn't collapse. *Answer given by Sharai* Shay Shay Sharai Ray Your Sun Ray* Here is a different take on this matter... PEOPLE(1) do not create money to put in BANKS(2). Money is paid to them by their employers/ORGANIZATIONS(3). And these ORGANIZATIONS' money is either borrowed money from BANKS(2) or from profits by selling the goods to other ORGANIZATIONS(3) or PEOPLE(1). If you follow the numbers, you will see that it's a loop between BANKS, ORGANIZATIONS and PEOPLE. But no one of them creates money. Raw, first hand, initial money BANKS get is from Federal Reserve Bank and the later MINT that currency. And the brutal fact is that the Federal Reserve Bank gives the money on loan for an interest rate to these banks.
