United States Steel was built by combining ten different steel companies, including the two largest at the beginning of the twentieth century, the Carnegie Steel Company and the Federal Steel Company. The effort to unite these companies was led by J. P. Morgan (1837-1913), America's leading banker at the time.
- R3KTFORGOOD ☕
Answer:
Yes
Explanation:
That statement is correct.
George Washington's primary goal as commander-in-chief of the continental Army was to avoid decisive military losses.
President Roosevelt and President Hoover differed in their approaches to dealing with the Great Depression because Roosevelt did many things to get the economy back in shape, while Hoover wanted to tackle the problem, but didn't want to get in depth with it.
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President Hoover had an impression that the stock market crash during 1929 was just a simple error in the market, and that it could easily be fixed. He said that it would be fixed if everyone acted normal and act like the stock market crash never happened. The government intervention for him was not a solution.
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President Roosevelt became president right after Hoover, and he noticed the problem the stock market crash had on people in the economy. The thing that he did is that he made a lot of public works projects. For example, the Works Projects Administration, was a organization which gave people short-time employments to keep them on the right track, and get the stock market crash off their minds and give them some income. He also made "bank holidays" which didn't allow people to take all of their money out of their bank account. He was doing many things to fix the economy from the Great Depression.
