1. Humanitarian Aid
2. Military Aid
3. State Department
The term of office for a representative is two years
Sooo basically at this point you must first inherit what is called PEMDAS. After this session you must submit
The author included the information about 1920 and 1925 because that was the time the U.S economy expanded rapidly, The Roaring Twenties. Until 1925 there wasn’t legal requirement to separate the operations of commercial and investment banks, the investment banking was consisted of <em>JP Morgan & Co, Kuhn, Loeb & Co, Brown Brothers and Kindder, Peabody & Co</em>. Their funds could be used to fund the underwriting business of the investment baking side.
In 1929 everyone was putting their savings into stocks, not only the wealth part but the poor part too and because of that the stock market reached the peak in August 1929. But than the production declined causing unemployment and with that the stock prices were much higher than their actual value. The economy was struggling, the debt was rising and the banks had and excess of large loans that couldn’t be liquidated.
In the 1930s over 9,000 banks failed because people didn’t trusted them to put their saving. The Great Depression the official unemployment rate was 25% and the stock marked declined 75% since 1929. But in 1933 now with Rooselvet’s administration he took immediate action about the economic woes first announcing that all banks would close, Bank Holiday. The Congress would pass reform legislation and reopen the banks. In “<em>first 100 days</em>” Roosevelt’s administration stabilized the industrial and agricultural production and created jobs and also created the Federal Deposit Insurance Corporation (FDIC) to protect depositors’ accounts and the Securities and Exchange Commission (SEC) to regulate the stock market and prevent what happened in 1929.
The big change between the crises in the 20s and 30s were all about who was in charge, President Hebert Hoover didn’t take much lead about the crises but Roosevelt did.
In the summer of 1794, tensions between farmers and creditors in western Pennsylvania boiled over into violence. A group of armed farmers, calling themselves the "Associators," began to attack and seize the property of anyone they saw as an enemy. In response, President George Washington dispatched a force of 13,000 militiamen to put down the rebellion.
In a report to Congress, Alexander Hamilton described the events in Pennsylvania as an "insurgent" and "insurrection." By using these words, Hamilton was trying to downplay the seriousness of the situation and avoid calling it a full-blown rebellion. He may have also been trying to avoid provoking even more violence by using language that was less inflammatory.
The situation in Pennsylvania was eventually resolved without any major bloodshed. However, the episode showed how quickly tensions could boil over into violence in the early days of the republic. It also showed the importance of having a strong central government that was able to quickly put down any internal threats to the stability of the country.
