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The journal entry for the Stamp Act of 1765 is:
- The British Government passed the Stamp Act on March 22nd, 1765.
- This was to pay for the British troops stationed during the Seven Years' War.
- The colonists were required to pay a tax, in the form of a stamp.
<h3>What is a Journal?</h3>
This refers to the type of text that contains extensive information about a particular subject or historical period.
Hence, we can see some of the activities in Britain that led the British government to pass the Stamp Act of 1765 in order to fund their troops that were stationed in the colonies during the Seven Years' War.
Read more about Stamp Act of 1765 here:
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The problem with the Great Depression of 1929 and the subsequent years
was that actually government did nothing to intervene. President Herbert
Hoover believed that government should interfere and that the market
will balance itself out. That is one of the reasons that President
Roosevelt won with a landslide with his promise of the New Deal.
In
2008 the government took a much active role in combating the Great
Recession. For example, the government even bailed out some banks that
were in trouble as well as provided emergency help. They also proposed
and passed many laws that would help prevent this kind of situation in
the future.