There are a number of factors that have contributed to the increase in poverty and homelessness.
After the Great Depression the United States had a more welfare model to support the economy, this resulted in development of government housing schemes, investment in infrastructure etc which all created jobs.
After World War II as the United States became the dominant economic force in the world, a more capitalistic model was enforced. By the 1960s, poverty began to rise again.
Up until 1970s manufacturing jobs still provided a huge cushion for the poor but as the United States opened by, more and more jobs started to leave America. Most of the jobs that left were the low-paying jobs for low skilled workforce.
Loss of jobs, low welfare benefits, the failure of the private sector to build low-cost homes, numerous recessions as well as the recent Great Recession, have all contributed to the rise of poverty and homelessness.
Answer:
What made the Great Depression "Great" was the government response. Constant changes the regulatory environment, tax increases, massive deficits, and failure to let the market correct paralyzed the economy in its depressed state for 15 years.
Both were caused primarily by an over expansion of credit rooted in loose money supply. The monetary response to the current recession has been different. Rather than tightening to force the market to bottom, the Fed has maintained low rates in an effort to re-inflate the bubble conditions. Hoover/Bush & FDR/Obama responses are similar as all tried to spend their way out of the problem.
1929 crash:
After WWI, Britain reset the pound to the pre-WWI level even though their money supply had far exceeded pre-WWI levels. In an effort to slow the flight of gold from Britain, the US federal reserve (led by Benjamin Strong) lowered interest rates. As always, artificially low interest rates caused massive distortions in asset values. Money flowed into the stock market and people who would not normally have been stockholders bought stocks in place of other investments that would have yielded better interest rates absent fed policy. Margin was used excessively because the real cost of leveraging was distorted by fed interest rate policy.
The fed continually lowered interest rates all the way into 1929. When the bubble popped, they tightened policy and raised rates. This contributed the deflationary spiral; however, the deflationary spiral could not have been as severe without the loose policy during the bubble.
2008 crash:
Beginning in the early 1990s, the federal reserve (led by Alan Greenspan) lowered rates while monitoring consumer prices as indicators of inflation. They ignored bubbles in the stock market directly caused by their inflationary monetary policy. When the stock bubble popped, they lowered rates further and pushed misdirected investment towards other assets - most commonly housing.
After the attacks of 9/11/2001, the fed pushed rates to 0 (long term rates were effectively negative and continue to be).
Explanation:
The designs on the colossal sculpture of the aztec mother goddess coatlicue ( 3.4.16) are "<span>symmetrical".
You may have seen depictions of mother goddesses previously. Rich, humane, and wonderful, are the pictures that normally ring a bell. However, the Aztec mother goddess, Coatlicue, appears to be extremely unique from the pictures you may be accustomed to seeing. The sculpture is made up of stone.
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In America, that would be <span>The Sedition Act of 1918</span>
Answer: True
Explanation:
The federal government possesses only those powers delegated to it by the Constitution. While the state and the people have the remaining power.
This was necessary, so the state and the people could have freedom of right and address some decisions which doesn't seat well with them when proposed by the Federal government.
