<span>Han dysnasty is believed to
be the golden era because of its long-lasting legacy in China, that even today’s
generation still benefits. It established first the Silk Road. This 7,000-mile
Silk road lets the connection with the West, allowing trades with China. Next
achievement is the invention of books and paper. Originally papers have coarse
and uneven texture and thick in size. During this time, disintegrated and pounded
hemp fibers were transformed to a paper that is lighter, cheaper, more durable
and even thinner. Lastly, Han dynasty has shaped the morality of Chinese because
of the prevalence of Confucianism as the official state ideology.</span>
Once in office, FDR set to work immediately. His "New Deal," it turned out, involved regulation and reform of the banking system, massive government spending to "prime the pump" by restarting the economy and putting people back to work, and the creation of a social services network to support those who had fallen on hard times.
Between 8 March and 16 June, in what later became known as the "First Hundred Days," Congress followed Roosevelt's lead by passing an incredible fifteen separate bills which, together, formed the basis of the New Deal. Several of the programs created during those three and a half months are still around in the federal government today. Some of Roosevelt's most notable actions during the Hundred Days were:
<span><span>A national bank holiday: The day after his inauguration, FDR declared a "bank holiday," closing all banks in the country to prevent a collapse of the banking system. With the banks closed, Roosevelt took measures to restore the public's confidence in the financial systems; when the banks reopened a week later, the panic was over.22</span><span>Ending the gold standard: To avoid deflation, FDR quickly suspended the gold standard.23 This meant that U.S. dollars no longer had to be backed up by gold reserves, which also meant that the government could print—and spend—more money to "prime the pump" of the economy.</span><span>Glass-Steagall Act: The Glass-Steagall Act imposed regulations on the banking industry that guided it for over fifty years, until it was repealed in 1999.24 The law separated commercial from investment banking, forced banks to get out of the business of financial investment, banned the use of bank deposits in speculation.25 It also created the FDIC[link to "FDIC" passage below]. The effect of the law was to give greater stability to the banking system.</span><span>FDIC: The Federal Deposit Insurance Commission backed all bank deposits up to $2500, meaning that most bank customers no longer had to worry that a bank failure would wipe out their life savings.26The agency continues to insure American deposits today.</span></span>
Answer:
No, while Arabs have made important contributions to Western Culture, their contributions have not been the most important. The most important contributions to western culture come from the Ancient Classical World: Ancient Greece and Ancient Rome, and from European contributions of the Middle Ages and the Modern Era.
They taxed stamps sugar clothing and tea
