Questions

Jay Cooke & Company, a major component of the United States banking establishment, found itself unable to market several million dollars in Northern Pacific Railway bonds in september 1873. Cooke's firm, like many others, had invested heavily in the railroads.

Hence, the bankruptcy of Jay Cooke & company initiated the Panic of 1873.

The wide gap between the aims of the French Revolution(equality in economic, social and political life) and the actual conditions in France after revolution created serious discontent among the people. It led to an attempt to overthrow the existing government in France with a view to building a society based on socialist ideas. This attempt, known as Babeuf's conspiracy, is an important event in the history of socialism.

      The conspiracy,as the name indicates, was the work of Noel Babeuf. He was born in 1760 and has participated in the French Revolution . He organised a secret society called the 'Society of the Equals'. 

XPath is an expressions to select a xml node in an XML document.

It allows the navigation on the XML document to the straight to the element where we need to reach and access the attributes.

Judicial branch is one among the three branches of the government. 

Supreme court, the magistrate (local) and municipal (city) courts are there in the judicial branch.

The Judicial branch interprets the laws.

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Marginal propensity to consume (MPC) in economics is a metric that quantifies induced consumption, the concept that the increase in personal consumer spending (consumption) occurs with an increase in disposable income (income after taxes and transfers).