Answer: Family-Owned Businesses
Explanation:
This is a "system" in which the families work is at their house
Answer:
The car changed American society in many ways. People had more freedom and more free time. And they were able to do more things in their leisure time. People living in urban areas could escape to the countryside.
Explanation:
The trade happens through the trade blocs that were put in place.
Explanation:
Communist regimes that are not economically liberalized still trade with the world through their trading blocs.
These are governmental institutions designed so as to allow for trade to happen in the country and through the country.
These trade blocs deal directly with the companies of free trade nations where the government in itself trades very rarely as is the case with the US.
Thus the dealing is usually with the government directly.
The author included the information about 1920 and 1925 because that was the time the U.S economy expanded rapidly, The Roaring Twenties. Until 1925 there wasn’t legal requirement to separate the operations of commercial and investment banks, the investment banking was consisted of <em>JP Morgan & Co, Kuhn, Loeb & Co, Brown Brothers and Kindder, Peabody & Co</em>. Their funds could be used to fund the underwriting business of the investment baking side.
In 1929 everyone was putting their savings into stocks, not only the wealth part but the poor part too and because of that the stock market reached the peak in August 1929. But than the production declined causing unemployment and with that the stock prices were much higher than their actual value. The economy was struggling, the debt was rising and the banks had and excess of large loans that couldn’t be liquidated.
In the 1930s over 9,000 banks failed because people didn’t trusted them to put their saving. The Great Depression the official unemployment rate was 25% and the stock marked declined 75% since 1929. But in 1933 now with Rooselvet’s administration he took immediate action about the economic woes first announcing that all banks would close, Bank Holiday. The Congress would pass reform legislation and reopen the banks. In “<em>first 100 days</em>” Roosevelt’s administration stabilized the industrial and agricultural production and created jobs and also created the Federal Deposit Insurance Corporation (FDIC) to protect depositors’ accounts and the Securities and Exchange Commission (SEC) to regulate the stock market and prevent what happened in 1929.
The big change between the crises in the 20s and 30s were all about who was in charge, President Hebert Hoover didn’t take much lead about the crises but Roosevelt did.
Answer:
Following the Cuban Revolution of 1959, bilateral relations deteriorated substantially. In October 1960, the U.S. imposed and subsequently tightened a comprehensive set of restrictions and bans against the Cuban government, ostensibly in retaliation for the nationalization of U.S. corporations' property by Cuba.
