The second and third statements are true.
Answer:
This borrowing may have a negative impact by crowding out private investment.
Explanation:
When the government goest into deficit spending to stimulate the economy in times when the economy is slowing down, what happens is that the government now demands more loanable funds: it demands a higher proportion of the savings in the economy in the form of government bonds.
This higher government demand for loanable funds crowds out private investment for two reasons:
- It raises the interest rate, making private investment more expensive.
- It reduces the amount of loanable funds available for the private sector (because it takes over a larger share of them).
Answer: The Square Deal was Theodore Roosevelt's domestic program, which reflected his three major goals: conservation of natural resources, control of corporations, and consumer protection. These three demands are often referred to as the "three Cs" of Roosevelt's Square Deal.
Explanation: One of Roosevelt's acts as president was to deliver a 20,000-word address to Congress asking it to curb the power of large corporations (called "trusts"). He also spoke in support of organized labor to further chagrin big business, but to their delight, he endorsed the gold standard, protective tariffs and lower taxes.
Hi,
Here are a few advantages that should help you answer your question:
1. superior leadership in Abraham Lincoln
2. greater population – 22 million people
3. military power – a five to two advantage in men who could fight, a navy, war machinery industrial power
4. more factories
5. more money
6. more railroads
7. more farmland where food crops, not cash crops were grown
