Answer:
The effect of President Roosevelt's attempt to balance the federal budget was the economic recession of 1937.
Explanation:
In 1937, the government of the Democrat Franklin D. Roosevelt considered that, after 4 years of effort, the government should reduce its fiscal deficit and balance its accounts in order to avoid a progressive emptying of the public coffers. Roosevelt, who had won in the 1933 elections and had imposed the New Deal, greatly increasing public spending in line with Keynesian theory, decided it was time for the government to start pulling out of the economy. Thus, he decided to cut expenses (closing New Deal programs) and raise taxes, in order to balance the fiscal deficit.
The problem was that, as a consequence of the Great Depression and the correct application of the New Deal, the American economy was too weak not to have the support of the federal state. In other words, the American economy depended heavily on New Deal programs, and it had a degree of fiscal effort that was too great to raise taxes. Thus, with the taking of these measures, the American economy began to fall, entering in a recession.
The answer is “A”.
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Explanation:
Franklin Delano Roosevelt was the 32nd American president who began the United States through the Great Depression and World War II, hugely extending the powers of the central government through a set of plans and reformations identified as the New Deal. Wilson's victory over the split Republican Party made him the first Democrat to win an official election since 1892.
That means that slavery could’ve lasted longer if the south won the Civil War. If the Union hadn’t stayed together – that is, if the United States had broken into two – then it’s likely that other regions of the US would have taken advantage of Confederate secession or would have seceded themselves, either from the then-existing North or the South. So you could certainly see an independent Midwest, and the area from California through to Washington state probably could have made itself its own place. Even within the Confederacy, there were certainly sections like East Tennessee that were vigorously Unionist during the war, and which might have pulled away.
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