There are several government bodies that influence national fiscal policies that can affect the housing market, but by far the greatest impact comes from the legislative branch.
The Homestead Act of 1862 provided that any adult citizen (or person intending to become a citizen) who headed a family could qualify for a grant of 160 acres of public land by paying a small registration fee and living on the land continuously for five years. If the settler was willing to pay $1.25 an acre, he could obtain the land after only six months’ residence.
But the law did not provide the new beginning for urban slum dwellers that some had hoped; few such families had the resources to start farming, even on free land. The grants did give new opportunities to many impoverished farmers from the East and Midwest, but much of the land granted under the Homestead Act fell quickly into the hands of speculators. Also, over time, the growing mechanization of American agriculture led to the replacement of individual homesteads with a smaller number of much larger farms.
The president so the correct answer is A
Answer:
Teaches
Explanation:
History teaches people about the past. And shows how it is connected to the present and the future, which enables people to identify patterns that help people to avoid repeating (mistakes and poor decisions) and aides in making better decisions.
