Explanation:
Herbert Hoover was under the impression that the stock market crash of 1929 was a simple market correction, that it would go away if everybody just acted like everything was normal, and that markets simply do these things from time to time. Billboards circa 1930 with the blurb "Wasn't the depression terrible?" kind of summed up his tone-deaf approach to massive unemployment and runs on banks. He honestly believed that government intervention was not the answer.
By the time Roosevelt took office in 1933, he understood that no quick solutions were to be had. He did start a lot of public works projects, like the Works Projects Administration (which gave a lot of people short-term employment teaching, painting post office murals, and cleaning up public lands) and the Tennessee Valley Authority (which put a lot of broke farmers to work putting a utilities infrastructure in place in parts of the South, putting the pieces of a post-agricultural economy in place).
He also instituted several "bank holidays" to discourage panic-driven depositors from taking all their money out of their banks. Austerity became the new normal in America and stayed that way until the US entered World War II.
Answer:
Answer to the following question is as follows;
Explanation:
Foreign policy and domestic policy are viewed as two sides of the same coin since any alteration in either of these strategies will have an influence on the nation's macroeconomic factors.
If a domestic country adopts an expansionary strategy, such as an expansionary monetary policy, by boosting government expenditure, consumer spending will rise as a result of the government's increased spending on different social welfare programmes.
The Germans had sought after an armistice because the German generals believed it to be the only choice to end an unwinnable war for the Germans. The German navy had been grounded since early on in the war, German armies had been destroyed, the people were starving, and the morale of soldiers were so low that they could not continue on fighting.
Answer: b
Explanation:
Both parties are affected- they both agreed to meet and sell/buy the book.
