Answer:
Making matters worse for Hoover was the fact that many Americans blamed him for the Great Depression. For more than two years, President Hoover had been restricting trade and increasing taxes on the wealthy with legislation such as the Smoot–Hawley Tariff Act and the Revenue Act of 1932.
Explanation:
While there are no options, some of the characteristic is that the economy of the North was based on industries, and currently on technology as well.
The North became an early leader in industrialization because of its fast moving rivers. In addition, its soils and climate was not favorable for agriculture. The settlement of large number of people in the area also served to stimulate commerce.
Answer:
When the cost of the nation's imports exceeds its exports over certain period of time, the situation is called <em>"trade deficit"</em>; during that period from 2000 to 2012 the US National saving decreased and the US Dollar overly flowed out to foreign markets, but foreign investments into US governments bonds increased which also made the country to have large net capital inflow. Thereby the answer would be <em>c)</em><em>:</em>
<em>"The U.S. had a trade deficit and a large net capital inflow."</em>
