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What was the first us bank for?
to hold the money that the government collected in taxesto help the government carry out its powers to tax, borrow money in the public interest, and regulate interstate and foreign commerceto issue representative money in the form of bank notes, which were backed by gold and silverto ensure that state-chartered banks held sufficient gold and silver to exchange for bank notes should the demand arise.
What was the most likely situation of a southern plantation owner after war?
less money need more workers
How did Harding and Coolidge Support Big Business?
Taxes were lowered to give incentives to business, and government sat back and relaxed instead of worrying about business or taxing so it could get money. That's why our government has NO MONEY!They lowered taxes on businesses so businesses would get more money and the government wouldn’t have a tough time regulating the money businesses make, and because the government wasn’t making money from taxes, the government doesn’t have any money.
What is public and national debt?
Public debt is the money owed by any one branch of the government. National debt is the money owed by all the branches of government.
When the us government wanted the plains what did they promise to Americans Indians?
money and goods
How does the government get the money needed to carry out on its affairs?
they have the opportunity to go to banks lottery park calamines and shops that earn money often
How did businesses get the government to stay out of their affairs?
they secretly gave money to members of Congress
Policy in which Great Britain traded money for needed supplies from the US?
cash and carry
The federal government exercises what powers in foreign affairs stated in the constitution?
The federal government exercises limited powers in foreign affairs stated in the Constitution. These powers include the ability to make treaties, print money, declare war, and to create an army.
In 1800's how did railroad companies raise money they needed?
In the 1800's, railroad companies raised the money they needed by selling government land grants.
Why did congress lack the money it needed to pay off the government's war debt?
Congress lacked the money it needed to pay off the government's war debt because of an unbalanced budget. Congress can continue to pay for or extend a war without actually having the money to directly fund it.
How did the railroads raise most of the money they needed to build their railroad?
Selling government land grants
What is blocked fund?
Block funding, or block grants, are a fixed amount of money the government has. This money is set apart to help design and carry on programs.
Does the president of US carry cash money?
Presidents do not carry very much. But they do when they are visiting different countries to buy something. If you are doing something illegal, you will be charged by the government.
What the function of bureau of internal revenue?
To collect the money, in taxes, that is needed to run the government and provide services.
How did railroad companies raise most of the money they needed to build their railroads?
Selling government land grants
How did the government collect revenue before the 16 amendment?
Becasue america was broke and needed some money so they took more money then they should of.
