The correct answer is A) raised interest rates in an attempt to slow down inflation.
<em>Under President Carter, the Federal Reserve raised interest rates in an attempt to slow down inflation.
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When Jimmy Carter took the presidency of the United States the economy was improving slowly. But the Federal Reserve attempt to slow down inflation in the late 70s made the economy of the country to slow more. The U.S, recession of that time had been caused by the oil embargo, so President Carter’s idea to improve the economy of the nation was to reduce the dependence of foreign energy and petroleum.
Capitalist economic systems are typically more productive in the amount of resources they develop.
In a socialist economy, the government controls the means of production. This means they would determine how many goods/resources are needed for their citizens. However, in a capitalist society, the amount of goods/resources produced is dependent on the wants of the consumer. This allows businesses to curtail their production to the needs of the citizens rather than the government.
The Harlem Renaissance was significant because it gave African American people and other people of African descent, a new and improved status in the society<span>. Because they made wonderful contributions of new kind of literature etc in the world.</span>
It was the Continental Army.
The correct answer for the given question above would be option C. The events in options A, B and D took place during the Russian revolution except for a <span> democratic president was given power. Hope this is the answer that you are looking for. Have a great day!</span>
