Answer:
The correct answers are C, <em>calling for immediate federal funding to support financial institutions troubled by bank runs</em> and D, <em>creating a series of federal programs to provide employment on public works</em>.
Explanation:
Republican President Herbert Hoover (1874-1964) firmly believed the government should not intervene in the economic field. Because of this his administration only actively fought the economical crisis in early 1932, when unemployment was around 23%.
During that year Hoover's administration got Congress to approve the creation of the Reconstruction Finance Corporation (RFC), an institution to financially support states' governments and financial institutions. RFC saved a few banks but not enough to ease the crisis.
In mid-1932 Hoover signed the Emergency Relief and Construction Act that liberated public funds for public works to provide employment.
Options A, B and E are wrong:
When the government worked on the housing field for low-income individuals it was not through tax cuts; (A)
it did not urge private agencies to organize relief efforts, only to not cut wages during the beginning of the crisis; (B)
on the contrary, Hoover established a moratorium on foreign debts related to World War I (1914-1918) to stop the European crisis caused by the American crisis aiming to help both economies. (E)
Answer:
Due to conversion of labour to machines.
Explanation:
The process of industrialization is also known as revolution because the production of goods converts from labour to machines. During this revolution, all the good's that were produced with the help of labour is now produced with the help of machines. This revolution is responsible for the creation of new technological advancement. The effects of industrialization are great on the people of that era because it created many jobs as well as speedup production of goods. The living standard of the people also becomes higher and stable due to good salaries in the industrial sector.
Answer: D the social and economic conditions that surround it
Answer:
France put more power in the hands of it's monarchy
