Credit ap world history definition



Credit by Examination



Undergraduate Admissions  > Evaluation of Credits > Credit by Examination

The University of Houston awards course credit based on scores earned on Advanced Placement (AP), International Baccalaureate (IB), College Level Examination Program (CLEP), SAT II Subject Tests, International Baccalaureate (IB) tests, Defense Activity for Non-Traditional Educational Support (DANTES), and UH departmental examinations.

Each course credit equivalency is evaluated by the appropriate department and college to determine whether the work and credit are of suitable content and rigor. The list of courses for which credit may be awarded, the minimum exam score requirements, the number of credit hours approved for test credit, and the policies associated with the awarding of test credit are approved by the Undergraduate Committee and published in the University of Houston Undergraduate Catalog. Students are encouraged to consult the UH Undergraduate Catalog to understand related policies.

Specific procedures for claiming credit by examination, including the testing schedule, eligibility requirements, test descriptions, sample questions, and

Banking Houses and the Silk Roads for Unit 2 of AP World History


Banking houses are listed as an illustrative example on the AP World History website. Banking houses were a new financial tool developed as traders needed a safer way to move their wealth along the Silk Roads.





The Silk Roads, ancient trade routes connecting East and West, not only facilitated the exchange of goods and ideas but also witnessed the evolution of sophisticated financial systems. The development of banking houses emerged as a pivotal element in transforming the Silk Roads into a global economic network. These financial institutions played a crucial role in facilitating trade, managing risks, and promoting economic growth along the expansive Silk Roads.

Origins and Growth

The need for reliable financial services became apparent as the volume and complexity of trade along the Silk Roads increased. Banking houses, often established by affluent merchants or influential families, emerged to address this demand. These institutions provided a range of financial services, including currency exchange, lending, and the issuance and management of bills of exchange.

Key Functions

Banking houses on the



Depending on exam scores, past coursework, and educational experiences, you may be able to receive college credit or placement in higher-level KU courses. Below are approved methods of receiving credit and exemptions, along with tables that show potential outcomes based on performance.



Info on Credit and Exemption for High School Work



This table outlines credit or placement based on AP test scores per subject. KU will assign only credit, not a grade. If you have not taken the AP course in a specific subject, you may still take its exam. For more information, contact College Board.

For more information on the KU Core 34, visit kucore.ku.edu. 



This table outlines credit for ACT test scores for Math and English subjects for students starting at KU in Fall 2024. KU will assign only credit, not a grade. To send ACT scores to KU, please contact ACT.

For current students who update their catalog term to Fall 2024 to follow the new KU Core 34, please email transfercredit@ku.edu to have your ACT or SAT scores posted for credit if needed.

Students who started at KU prior to Fall 2024 may qualify for an ACT exemption. Learn more at KU Core exemptions.



Cambridge A-

key term - Credit


Definition

Credit refers to the ability to borrow money or access goods and services with the promise to pay later. In the 1920s, credit became a major driving force behind consumer culture, as people began to purchase items like automobiles, appliances, and homes on installment plans, which allowed them to enjoy these goods immediately while paying for them over time. This shift towards credit contributed significantly to the economic boom of the decade, but also laid the groundwork for future financial instability.



5 Must Know Facts For Your Next Test


During the 1920s, credit became widely available to consumers, allowing them to buy a variety of goods without having the full cash amount upfront.

The rise of credit led to an increase in consumer debt, as people bought items like cars and household appliances on installment plans.

This era saw the introduction of marketing techniques aimed at encouraging consumers to use credit, making products more desirable and accessible.

Many Americans used credit to invest in the stock market, which created a speculative bubble that would eventually burst in 1929.

The reliance on credit during this decade set t