Russia's defeat in the Crimean War showed that it had fallen behind other nations of the world. Czar Alexander II took steps to
reform and modernize the empire, including abolishing the practice of serfdom in 1861. What effect did this have on industrialization
in Russia?

the correct answer is, it increases the amount which is being deposited in the bank account of people.

when the fed buys treasury   bonds it increases the amount which is being deposited in people's accounts.

treasury bonds are termed as long-term or secure investment which offers payment after every six months up to the maturity of the bond.

there is a fixed rate for every treasury bond whereby the interest rate is being determined by the auction.

there is an additional fees for those who have not yet opened accounts with local commercial banks.

fort quebec

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