Answer:
The debate over economic issues was especially heated during the Gilded Age. In general, Democrats wanted Low tariffs to encourage foreign trade, while Republicans wanted high tariffs to ensure domestic industrial expansion.
Explanation:
The gilded age was a period between the 1980s and 1900s in which the economy grew substantially, surpassing European growth. The effect this growth provoked was an increase in the employees' wages particularly from the skilled workers and an influx of immigrants. However, republicans and democrats believed there were two different proposals for the economy. In the first place, the Democrats wanted a low tariff, low taxes, low spending, and practically a laissez-faire economical model to stimulate more growth. Nevertheless, the Republicans believed that nationalism and protectionism would benefit the economy in a better way.
Answer:
The New York banker pushed the limits when he exchanged his mansion for a Cartier necklace valued at $1 million in 1917 which he gave to his young wife. While this was a great show of love, it was, in the economic sense, a very bad investment as not too long afterward, the cost of pearls would fall and after the death of Plank’s wife, the gift would go for a paltry $150,000.
Answers with Explanations:
1. Private Relief Agencies - distributed free food to those in need
The Great Depression took a toll on the economy and the lives of many people worldwide. Recovering from the situation was made possible with the help of<em> agencies</em> and<em> governments</em> who worked hand-in-hand. The "Private Relief Agencies" responded to the situation by distributing free food to those people in need. These agencies were highly dedicated to distributing relief, especially in areas that had the hardest hit. One example of these was the "Community Chest," which tried its best to provide relief, even though they were overwhelmed with requests here and there.
2. Federal Governments- organized public construction projects
In addition to the efforts made by the private relief agencies, the Fideral Governments also responded by organizing construction projects under President Franklin D. Roosevelt) through the<em> "New Deal." </em><u>This was a program that allowed many people to be employed, since many of them lost their jobs.</u> One example of an agency under this is the Works Progress Administration. This was started in <em>1935.</em><u> It is said to have provided 8 million jobs to people regarding public works.</u>
3. State Governments - supported the volunteerism and other indirect relief efforts
The State Governments also helped respond to the Great Depression by supporting volunteerism and other indirect relief efforts. It was the State Government's role to control<em> social programs</em> and it was able to respond to the situation by appointing people who will manage individual situations. This hastened the Great Depression's recovery period. Unlike Private Relief Agencies that directly distributed relief goods to the affected people, the State Governments indirectly provided relief through support.
They were the commoners who would watch the plays being held
at the Globe Theatre. They paid a penny to watch. Nobles also watched the plays but they paid
higher prices since they got better seats to view the play.
