the part of government that represents the nation and sets policy is the president
The statement is True.
After the Chinese Communist party came to power in 1948, Mao quickly began reforms to remove aspects of capitalism from the country.
He took aggressive measures against former land owning aristocracy and made sure all major economic aspects would be controlled by the government.
He wanted to develop a class-less society where everyone was equal, as a worker, both male and female.
For many years, everyone wore the same kind of clothes, drove bicycles and hardly anyone owned a car.
While, his achievements are both arguable and controversial, for a time, he did manage to create a complete socialist/<span>egalitarian society, albeit with a powerful political elite in the form of a communist party.</span>
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Answer: The German government economy was in a state of collapse, and its money was essentially worthless.
Explanation:
The Treaty of Versailles (1919), signed after the end of World War I, was very harsh in the terms imposed against Germany. Germany was forced to pay large reparation payments to the countries that it had fought against in the war. Along with accepting full responsibility for causing the war, Germany was ordered make monetary payments for the damage caused "as a consequence of the aggression of Germany and her allies." Occupation of territories in the Rhine and Ruhr valleys was threatened if Germany did not make good on reparations payments.
The Germany economy was crippled by the payments it was supposed to make, and its government (as the Weimar Republic) was unable to keep up with the payments. In 1923, French troops occupied the Ruhr region. Germans living in the region responded with civil disobedience and a workers strike. The Weimar Republic government sided with the workers and printed bank notes to pay the workers while they were on strike. Printing additional money with no real economic foundation to support the increased money supply led to extreme inflation. The German economy got worse and worse.
Then came the Great Depression, beginning in 1929. The Great Depression was worse in Germany than in America. The hyperinflation in Germany got so bad so that their currency became essentially worthless. I don't see the photo you mentioned of a man using German money as wallpaper. But I've attached another photo from the time period, which shows children playing with stacks of money as if they were building block toys -- another illustration that German currency wasn't really worth anything as money.
The bad situation in Germany made it possible for a radical leader like Hitler, making all sorts of bold promises, to win over enough people to rise to power.
It would depend on the person. If a person doesn't have much it could be as little as a suit case and some money, or as much as a moving van and a car packed full of clothes.
It refers to the growing wealth gap between those who are at the top of the economy and those at the bottom. In his article "The Gospel of Wealth", published in 1889, he speaks about the responsibility of those individuals who harvested their wealth by their own means, known as "the new rich". According to Carnegie, the best way to manage wealth is responsible and conscious manner, producing the greatest benefit for society.