The most important legislation passed by Congress to strengthen the banking system in response to the bank failures during the Great Depression in the 1930s was the Banking Act of 1933, also known as the Glass-Steagall Act.
The Glass-Steagall Act had several key provisions aimed at stabilizing the banking sector and restoring public confidence. Here are some of the significant elements of the legislation:
1. Separation of Commercial and Investment Banking: The act mandated the separation of commercial banking (traditional deposit-taking and lending) from investment banking activities (such as securities underwriting and trading).
It established a clear division between commercial banks and investment banks to prevent the risks associated with speculative investments from impacting the deposits of ordinary individuals.
2. Creation of the Federal Deposit Insurance Corporation (FDIC): The FDIC was established as part of the Glass-Steagall Act. It provided deposit insurance to individual bank accounts, guaranteeing that if a bank failed, depositors would be protected up to a certain amount. This measure aimed to restore confidence in the banking system and prevent bank runs
3. Regulation of Securities Activities: The act established the Securities and Exchange Commission (SEC) to regulate securities activities, protect investors, and ensure transparency and fairness in the financial markets.
4. Prohibition of Risky Bank Practices: The Glass-Steagall Act restricted banks from engaging in certain speculative activities, such as investing in the stock market or participating in certain types of securities transactions. It aimed to limit the risks banks could take with their customers' deposits.
The Glass-Steagall Act was a crucial piece of legislation that sought to address the weaknesses in the banking system and provide stability and confidence during a time of financial crisis.
However, it is important to note that significant changes were made to banking regulations over subsequent decades, and the Glass-Steagall Act was eventually repealed in 1999 with the passage of the Gramm-Leach-Bliley Act, which allowed for greater integration between commercial and investment banking.
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Why is competition limited in an oligopoly?
In an oligopoly, the market is shared among a few firms. Competition is limited in an oligopoly for various reasons, which are explained below:
Interdependence: In an oligopoly, firms are interdependent on each other. Every firm's decision will affect the other firms' profits and market share. Therefore, firms have to consider their rival's responses before taking any action. Firms are not in a position to decide on the price of the product because the price is linked to the output of the industry.
Pricing strategies: Firms in an oligopoly focus on non-price competition, like product differentiation, branding, and advertising. Firms in an oligopoly tend to differentiate their products to create brand loyalty. This type of competition requires a significant amount of capital, which makes it hard for new entrants.
Barriers to entry: Firms in an oligopoly use several barriers to prevent new firms from entering the market. High capital costs, government regulations, and patents are some of the entry barriers used in oligopolistic markets.
Non-Price Competition: Firms in an oligopoly are not allowed to compete based on prices. Firms need to use different types of non-price competition to compete effectively. Product differentiation, research and development, advertising, and branding are some of the strategies used in an oligopoly to differentiate the products from their competitors'.Thus, competition is limited in an oligopoly because of the interdependence between the firms, non-price competition, entry barriers, and pricing strategies.
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In which of these states is it illegal to fall asleep in a cheese shop, NEW YORK, ILLINOIS, MASSACHUSETTS, PENNSYLVANIA?
Answer:
Illinois is the state where it is illegal to do this.
Among the given options, it is not explicitly illegal to fall asleep in a cheese shop in any of the states: New York, Illinois, Massachusetts, or Pennsylvania.
It's important to note that specific laws and regulations can vary within each state, and there might be local ordinances or specific circumstances where falling asleep in a cheese shop could potentially be considered a violation.
However, as a general statement, there are no known laws in these states that explicitly prohibit falling asleep in a cheese shop. It's always advisable to be respectful of the rules and policies of any establishment and to inquire about any specific guidelines regarding sleeping or resting on the premises.
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why do scientist typically report absorbance rather than transmittance
Scientists typically report absorbance rather than transmittance because absorbance is directly proportional to the concentration of the substance being measured and is more sensitive to small changes in concentration. This allows for easier and more accurate analysis of data.
Absorbance is easier to measure and interpret. Absorbance is the amount of light absorbed by a sample divided by the amount of light that initially entered it.
Transmittance is the amount of light transmitted through a sample divided by the amount of light that initially entered it. Since absorbance is the inverse of transmittance, it is easier to measure and interpret.
As the concentration of a substance increases, its absorbance also increases, but its transmittance decreases. Reporting absorbance allows for easier and more accurate analysis of data.
Furthermore, absorbance values are more sensitive to small changes in concentration than transmittance values. This is important when working with low concentrations of a substance, as small changes in concentration can have a significant effect on the absorbance value. In contrast, small changes in concentration may not be reflected in the transmittance value.
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U.S. Constitution
How relevant is the U.S. Constitution today? Are our basic rights as citizens firmly protected or are we seeing some erosion of those rights?
Consider laws regulating the right to bear arms, freedom of the press, freedom of religion, etc.
The U.S. Constitution is still highly relevant today and continues to serve as the foundation of American law and government. The basic rights of citizens, such as the right to bear arms, freedom of the press, and freedom of religion, are enshrined in the Constitution and are protected by the courts. However, there is ongoing debate and discussion about the interpretation and application of these rights in contemporary society. Some argue that there is erosion of these rights, while others argue that they are still firmly protected. Ultimately, the ongoing relevance and protection of these rights will depend on the actions and decisions of government officials, lawmakers, and the courts.
what type of information would a software keylogger provide to a threat actor? how could it be used against the victim?
A software keylogger provides a threat actor with detailed information about a user's keystrokes, including login credentials, private messages, and other sensitive data that the victim inputs on their computer or mobile device.
The information obtained from a software keylogger can be used against the victim to steal their identity, gain unauthorized access to their accounts, or to conduct financial fraud. A software keylogger is typically used as a component of a larger cyber attack, and is often installed on a victim's computer or mobile device without their knowledge or consent.
The keylogger then records every keystroke that the victim makes, and sends the data back to the threat actor's command and control server. Once the threat actor has access to the victim's sensitive data, they can use it to conduct a variety of malicious activities, including phishing attacks, social engineering attacks, and identity theft.
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What are Critical Points?
Critical point means any point, step or procedure at which control can be applied and a food safety hazard can be prevented, eliminated or reduced to acceptable levels.
Which of the following is an example of domestic policy?
OA
A peace treaty is signed with another country.
OB.
A local government issues new parking regulations.
O c.
The government increases federal aid for school districts.
D.
A state repaves its major roads and highways.
Answer:
The government increases federal aid for school districts.
Explanation:
The government increasing federal aid for school districts is an example of domestic policy. Hence, option C. is correct.
Domestic policy is a body of laws, rules, and initiatives intended to influence the lives of a nation's citizens. It comprises regulations for the environment, welfare, healthcare, and education.
The correct option is C."The government increases federal aid for school districts" while the alternative options are not examples of domestic policy. Peace compacts, which are agreements between two nations to stop a war, are Option A. New parking rules are provided by the local authority as Option B. Repaving important roads and highways is Option D, a task carried out by a state government.
The purpose of domestic policy is to minimize unrest and dissatisfaction among the country's citizens. Therefore, the correct option is C.
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Steps in the bank reconciliation process
Answer:
Steps:
Explanation:
1: Compare the bank account balance to the cash balance on your books
2: Scrutinize your bank statement
3: Scrutinize your cash book
4: Adjust the balance of your bank account
5: Adjust the balance of your books
6: Record the reconciliation
(Hope this helps?)
Why do you think voting rates in the United States are so low ?
There can be many reasons behind the low voting rates in the United States, that can be explained further.
America's low voter turnout is due to registration processes and frequent elections. While other democratic nations automatically register citizens, Americans must do so themselves. The United States, unlike other democracies, does not encourage voting by holding elections on the weekends or punishing people who don't vote. The lack of a significant labor or socialist party in the US has an impact on attendance. Where this party is present, voter turnout between the top and lower classes is low compared to the United States, where it is high. This party encourages lower-income voters. The electoral system and individual culture of the United States prevent such a party from existing.
The above-mentioned points can be reasons for low voting rate in America.
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What are some collages that yah recommend that majored in law ?
Answer:
Law school is expensive, but if you have scholarship, it won't be a problem. Here is some good law schools. (Beware, they may be expensive.)
Stanford University.Harvard.Duke University.All have some sort of law included.
I hope this helped at all.vì sao lại phải quy định những nơi sử dụng lao động không được đình công tại điều 209 bộ luật lao động năm 2019
Law is a practical discipline; theory has no place in law. With specific references to the Law of Contract. In favor or against it. Discuss (20 marks)
Note:please the answer should be at least 800 words.
Please add references below the answer(use APA format including author's last name and year of publication, for direct quotations include the page number as well and all websites used to retrieve materials must be referenced)
Answer:
This statement is incorrect, since the theory has enormous relevance in law.
Explanation:
The law is basically a set of norms that regulates life in society, establishing guidelines for coexistence and rules of conduct that, if not complied with, have consequences that can range from simple fines to time in prison.
But unlike what the statement says, the law is composed of a theoretical component, which implies the sociological and cultural study of the law and the society to which it will apply, the consequences that it may have and its use in other societies. Without this study, the laws would be empty of content, since they would be simple rules without any basis and, therefore, very easy to be broken.
evaluate
in terms of customary law,a child is not criminal liable
The notion that a child is not criminally liable under customary law is true thanks to provisions such as the principle of doli incapax.
What is customary law ?Customary law refers to traditional and cultural practices that have been developed over time by a particular community or society. In some cultures and legal systems, there may be specific rules and norms that govern the liability of children for criminal offenses.
In many jurisdictions, children under a certain age (usually under 7 years old) are considered incapable of forming the necessary intent to commit a crime and therefore cannot be held criminally liable. In other jurisdictions, the age of criminal responsibility may be higher.
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why do we say the canadian constitution is made up of many parts?
Answer:
The Constitution sets out the basic principles of democratic government in Canada when it defines the powers of the three branches of government: the executive. the legislative. the judiciary.
How does Vicksburg Firearms try and back up their case in the courtroom (who testifies, what do they say, what evidence is introduced)?
In order to get the importance of the Vicksburg Firearms in the case, it's important to understand the context clues and the inference that can be deduced.
What are context clues?Your information is incomplete as you didn't provide the passage it case. Therefore, an overview will be given.
Context clues simply means the hints that are provided by the author in a literary work.
It's important to read and understand the story given first. Then, analyze the context clues given in the story. This is important to understand how Vicksburg Firearms back up their case in the courtroom.
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write a short note on state reorganisation commission
Answer:
The States Reorganisation Commission constituted by the Central Government of India on 22 December 1953 to recommend the reorganisation of state boundaries. In 1955, after nearly two years of study, the Commission recommended that India's state boundaries should be reorganised to form 14 states and 6 territories.
Explanation:
:)
Why are drivers responsible for the safety of vulnerable roadway users?
A. They are usually better acquainted with safety and traffic laws.
B. They are usually larger, faster and more protected than VRUS.
C. They are legally bound to take care of VRUs on the roadway.
A , Drivers do do tests on traffic laws and road safety so they are the ones responsible for the safety of VRUs
Drivers are responsible for the safety of vulnerable roadways users because They are usually better acquainted with safety and traffic laws.
Why do drivers exist?Driver software enables your operating system to launch, operate, and manage a hardware device. In other words, drivers are the translators that allow your operating system to instruct the hardware components of your computer to carry out your instructions. Drivers are the software packages in charge of ensuring that your hardware and operating system (such as Windows, Linux, macOS, etc.) are properly communicating with one another.
What do roadways mean?Transportation of people and products via roads is referred to as "roadways." A road is a path connecting two locations that has been constructed or improved to allow for travel.
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average north american babies double their birth weight by what age?
On average, North American babies double their birth weight by 4-6 months of age.Babies are constantly growing and changing. They start life as tiny, delicate beings and grow and develop at a remarkable pace. One of the most impressive changes that takes place during the first year of life is growth in size and weight.
Babies' growth is monitored carefully by pediatricians and parents alike. One of the most significant milestones in a baby's growth is when they double their birth weight. This typically occurs around 4-6 months of age in North American babies.On average, babies are born weighing 7-8 pounds. Doubling this weight means that they will weigh around 14-16 pounds at 4-6 months old. However, it is important to remember that all babies are different and will grow and develop at their own pace. It is essential to follow your pediatrician's advice and have regular checkups to ensure that your baby is growing and developing normally.
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what is school based assessment
Answer:
a test of your school knowledge
Explanation:
A school based assessment is a process that requires the teachers to mark their students' work for fair assessment of their periodic performance.
The assessment is used as a information to increase students learning and development
In conclusion, the school based assessment is important because its allows to assess the performance of students.
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Do you think it is fair that men between 17 and 25 still need to register for the Selective Service Act in 2021?
Answer:
No. This is honestly a unfair act that basically forces young men to sign up for a draft. In war time, this would be a little more fair, in my opinion.
My mom said that I’m allowed to go to prom but only with friends cuz she doesn’t allow me to date until I’m finished with college, this guy asked me to prom and I would feel bad to say no so I told him I’ll think about it. Should I go with him secretly??
Answer:
uhm go to prom with that man rn IF U DONT-
Explanation:
do it you only live once. you guys obviously know each other. your mom never has to know
Answer:
No
Explanation:
just tell him sorry and that my mom doesnt allow me. and try to sound as sad and pitiful as possible
which of the following factors have influenced the ideological evolution of political parties since the late twentieth century?
The end of the Cold War, the rise of domestic and international terrorism, and the increasing significance of the parties' views on foreign policy.
What factors were responsible for the growth of political parties?Political parties or factions began to emerge during the struggle to ratify the federal Constitution of 1787.They became more at odds as the focus shifted from the creation of a new federal government to its potential power.
In the 20th century, what political parties existed?Over the years, political parties and the policies they advocated changed. Democrats and Republicans were the two main political parties in the twentieth century.
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Life insurance companies often give applicants a physical examination to prevent.
PLEASE HELP!!! IT'S URGENT
Answer:
A,BC=Economic policy
D=Social policy
E=foreign policy
Explanation:
Answer:
1. Economic
2. Economic
3. Economic
4. Social
5. Foreign
Explanation:
In Country D, business owners make the most economic decisions. As long
as they abide by the Fair Trade policies, they can decide what to produce,
how to produce, and for whom to produce without government
intervention. These decisions are made by business owners based on what
happens in the market. For example, a computer manufacturer recently
developed a new video gaming system but decided to wait until closer to
the holidays to release the system to the public because it believed
anticipation among consumers would allow the company to charge a
higher price for the system
Mixed Economy
Market Economy (Free Market)
Command Economy (Central Gov Economy)
Traditional Economy
Answer:
Allocation & Economic Systems
1. ALLOCATIONPREPARED BY SUE QUIRANTE FOR AP 9 & 10 RTPM-DSHS
2. USAGE NOTES • These are slides I use for my lectures on allocation and economic systems, a first quarter topic in Economics under the K to 12 curriculum in the Philippines. • All copyrighted materials were lifted from their respective sources under the spirit of fair use. As such, I am uploading these slides in the interest of helping out other public school teachers like me. This material should not be used for any commercial purpose. • Last modified: October 9, 2016
3. “ There isn’t enough to go around.” ~John
4. mekanismo ng pamamahagi ng pinagkukunang- yaman, produkto at serbisyo
5. Four Basic Economic Questions 1 What to produce? 2 How to produce it? 3 How much to produce? 4 Who gets what is produced?
6. Four Economic Systems
7. ECONOMIC SYSTEM consists of a matrix of: 1. social institutions (law, political institutions, religion, etc) 2. agents (individuals or actors) 3. organizations (corporations, unions, charitable org, not-for-profit firms, etc) 4. society (includes principles, beliefs, values)
8. ECONOMIC SYSTEM • function: coordinate the activities of agents in the processes of provisioning and allocation • most economies are a mixture that includes elements from all 3 types
9. Traditional Economy The Inuit tribes of Alaska
10. TRADITIONAL ECONOMY • evolved over time (traditions & custom form gradually) • rate of change is slow • rules of trade not apparent as economy but as moral system • medieval European rules against charging interest on loans—considered a sin in the Christian faith of the time
11. EXAMPLES • pre-modern Europe • pre-colonial tribes in the Americas, Australia, Africa, and Pacific islands
12. Command Economy
13. Command Economy• an overseeing government decides how resources are distributed amongst individuals within the system • trade and individual choice at the consumer and worker level is minimal or, in some cases, entirely non-existent • ideal: efficiency, equality
14. Command Economy• equality: by making sure to allot everyone an equal amount of wealth • in reality, the distributors of wealth at the government level often hoarded wealth for themselves
15. Market Economy • individuals meet in markets and decide what economic decisions they want to make for themselves • ideal : efficiency, freedom • emphasis on trade • exchange of goods and services
16. Mixed Economy • usually allow most people to decide how to obtain and spend capital, what work they would like to pursue, how much they would like to save, and what lifestyle they want to enjoy
17. Mixed Economy • at the same time, a command- based system from the government places restrictions on making choices and encourages market participants to move towards one decision over another
18. Synthesize What You Have Learned Who makes this decision? TRADITIONAL COMMAND MARKET MIXED What to produce? How to produce? How much to produce? Who gets what is produced? Dis/Advantage
If your license is a must wear a correct of glass lenses you
Answer: Driving without corrective lenses can result in injury to yourself and others. If your driver's license includes a corrective lenses restriction, you have to wear your glasses when driving.
Explanation:
should law makers have a moral agenda?
Answer:
Law should only reflect moral values if a person can harm others. ... This is regarded as a liberal approach between law and morality, in otherwords the state should not make any laws against an individual unless it will cause harm to another.
the minimum advance notice of plant closings or layoffs affecting 50 or more full-time employees required by the workers' adjustment retraining and notification act of 1989 is
The minimum advance notice of plant closings or layoffs affecting 50 or more full-time employees required by the Workers' Adjustment Retraining and Notification Act of 1989 (WARN Act) is 60 days.
The minimum advance notice of plant closings or layoffs affecting 50 or more full-time employees required by the Workers' Adjustment Retraining and Notification Act of 1989 is 60 days. The WARN Act is a labor law in the United States that provides job security to workers by requiring that companies give their employees sufficient notice before layoffs or plant closings.
When a covered employer terminates employment of 50 or more workers at a single site of employment, the employer must give at least 60 days’ notice to the affected employees. Employees who are separated from employment are entitled to certain notice obligations under the WARN Act. The WARN Act also applies to plant closings and mass layoffs that occur in stages over a period of time, rather than all at once.
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Most U.S. law schools require an undergraduate degree in pre-law for acceptance to law school. True False
Urgent!
Answer: The answer is false
Explanation:
What can be the maximum claim amount at the district level of the consumer court.
The maximum claim amount at the district level of the consumer court can vary depending on the jurisdiction and the specific consumer protection laws in place. It is advisable to consult the applicable legislation or seek legal advice for accurate information regarding the maximum claim amount.
Consumer courts, also known as consumer dispute redressal forums, are established to protect the rights and interests of consumers in resolving disputes with sellers, service providers, or manufacturers. The maximum claim amount that can be filed at the district level consumer court differs from one jurisdiction to another.
In India, for instance, the district consumer dispute redressal forums are categorized into three levels based on the claim amount: District Consumer Disputes Redressal Forum (up to ₹20 lakh), State Consumer Disputes Redressal Commission (between ₹20 lakh and ₹1 crore), and National Consumer Disputes Redressal Commission (above ₹1 crore). These thresholds may vary in different countries or regions.
To determine the specific maximum claim amount at the district level of the consumer court, it is crucial to refer to the consumer protection legislation applicable in the respective jurisdiction.
It is advisable to consult with a legal professional or refer to the relevant laws to obtain accurate and up-to-date information regarding the maximum claim amount at the district level consumer court.
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