Clausewitz emphasized that wars tend to escalate.
According to Clausewitz , wars is not about killing another people's army. But it also included power game, Will, and Pride. With those on the table, people who're involved in a war often forget about the real cause of the war and escalate it.
Answer:
What was the Grange's plan for improving conditions for farmers? What did the Populist Party platform call for? Increased money supply, a rise in prices, federal loans plans, 8 hour work day, restrictions on immigration, secret ballots, single term for VP, and election of senators by popular vote.
Explanation:
Answer:
What made the Great Depression "Great" was the government response. Constant changes the regulatory environment, tax increases, massive deficits, and failure to let the market correct paralyzed the economy in its depressed state for 15 years.
Both were caused primarily by an over expansion of credit rooted in loose money supply. The monetary response to the current recession has been different. Rather than tightening to force the market to bottom, the Fed has maintained low rates in an effort to re-inflate the bubble conditions. Hoover/Bush & FDR/Obama responses are similar as all tried to spend their way out of the problem.
1929 crash:
After WWI, Britain reset the pound to the pre-WWI level even though their money supply had far exceeded pre-WWI levels. In an effort to slow the flight of gold from Britain, the US federal reserve (led by Benjamin Strong) lowered interest rates. As always, artificially low interest rates caused massive distortions in asset values. Money flowed into the stock market and people who would not normally have been stockholders bought stocks in place of other investments that would have yielded better interest rates absent fed policy. Margin was used excessively because the real cost of leveraging was distorted by fed interest rate policy.
The fed continually lowered interest rates all the way into 1929. When the bubble popped, they tightened policy and raised rates. This contributed the deflationary spiral; however, the deflationary spiral could not have been as severe without the loose policy during the bubble.
2008 crash:
Beginning in the early 1990s, the federal reserve (led by Alan Greenspan) lowered rates while monitoring consumer prices as indicators of inflation. They ignored bubbles in the stock market directly caused by their inflationary monetary policy. When the stock bubble popped, they lowered rates further and pushed misdirected investment towards other assets - most commonly housing.
After the attacks of 9/11/2001, the fed pushed rates to 0 (long term rates were effectively negative and continue to be).
Explanation:
Answer:
2. Complaining about how busy you are because of school and work
Explanation:
Sociological imagination can be defined as the ability of the person to view different things socially and to determine how they influence and impact the society.
For people to show a sociological imagination, any individual must be able to come out from the current situation and then think and reflect from a different point of view
Thus complaining about the situation of how busy I am because of my school and my work is not an example of my sociological imagination it does not reflect my ability to see things socially.
From 1942 to 1947, only a relatively small number of braceros were admitted, accounting for less than 10 percent of U.S hired workers. Yet both U.S and Mexican employers became heavily dependent on braceros for willing workers; bribery was a common way to get a contract during this time. Consequently, several years of short-term agreement led to an increase in undocumented immigration and a growing preference for operating outside of the parameters set by the program. Moreover, Truman's Commission on Migratory Labor in 1951 disclosed that the presence of Mexican workers depressed the income of American farmers, even as the U.S Department of State urged a new bracero program to counter the popularity of communism in Mexico. Furthermore, it was seen as a way for Mexico to be involved in the Allied armed forces. The first braceros were admitted on September 27, 1942, for the sugar-beet harvest season. From 1948 to 1964, the US imported on average 200,000 braceros per year.
