Government policies affect market economies in numerous ways. The largest areas of government intervention in the economy are through Fiscal and Monetary Policy. Fiscal Policy is when the government decides to use revenues obtained through taxation to influence the economy. An example of this is when the US Government bailed out failing financial institutions in 2008 after the financial collapse by using citizens tax dollars to influence the economy. Monetary policy is when the government uses control of the money supply to influence the economy. An example of this is when the US Government buys or sells U.S. Treasury bonds at different rates to increase or decrease the amount of money in supply which influences interest rates and the overall economy. Another example by which the U.S. Government influences the "free market" is by imposing tariffs and quotas on US imported goods. These are essentially barriers or taxes on goods entering the U.S. Market. An example of this could be a 5% Tax on (x) good that is imported from China.
Answer:
Explanation:
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Booker T. Washington believed that blacks should accommodate to racial prejudice and focus on self-improvement through hard work. The quote mentions the importance of "merit" or hard work in determining the value of a person in society. This therefore supports his idea that blacks should focus on an economic skill and not focus on the separation and prejudice in society.
In Washington's famous "Atlanta Compromise" speech, he outlines his theory of accommodation. He essentially argued that blacks must find their place in society, a place that whites did not want to occupy. In doing this you accept the segregation law by achieving economic success in your area. He believed in vocational studies for blacks to find their economic success. In his speech he refers to the country as a hand and that each group were the fingers. African Americans could successfully work to support the hand while not interfering with other groups.
Answer: alternative A.
Explanation: The Intolerable Acts resulted in the closing of the port of Boston and Massachusset's governor obtaining more political powers. These consequences ended in riots among the population.
