Because they were looking for a new start and they needed new land and resources.
One reason why socialism did not take root in America is because of the culture. The American value system and the American concept of the nation are egalitarian. The American Revolution was essentially a rebellion against as strong states. Socialism is largely about big government hence its failure in the United States
The correct answer is Potatoes
A fungible good is that which can be interchanged with other
individual goods of the same type. Goods possessing this fungibility property
simplify the exchange and trade processes, as interchangeability assumes
everyone values all goods of that class the same.
The correct answer is B.
Milton Friedman (1912 - 2006) was an economist who received the 1976 Nobel Prize in Economics for his studies in consumption analysis, monetary history and complex theories related to stabilization, including goverment intervention policies.
Presidents such as Hoover or Coolidge, who had governed in the decade before the Great Depression, supported laisez-faire economic measures, that consisted on free functioning of the markets with minimum goverment interventionism. Markets alone, would produce the most efficent outcomes, according to his viewpoint. Therefore, the policies introduced by these governments, involved minimum government regulation of the economic activity by the goverment.
<u>This is why Friedman, such as many others, claimed for alternative policies which involved goverment intervention for stabilization purpouses, using the mechanisms of the fiscal policy.</u> Subsequent goverments did apply such measures, being the best example the New Deal, based on Keynesian economics and implemented by President Roosevelt. The New Deal aimed to create job positions for the large unemployed sectors of the US population, by increasing public expenditure (one of the variables of the fiscal policy) in public works and hence, creating employment to undertake those works.
The great society was a set of programs that President Lyndon Johnson launched. The goal of the program to eradicate poverty and racial injustice. It was different than other programs because it would have an acceleration of governmental efforts to provide wellness to citizens by equalizing opportunity for minorities, eliminate social and economic inequality and deprivation.
The program had a large impact. It increased Social Security benefits, aided the elderly poor, instituted health care supports such as Medicare and Medicaid, it assisted African Americans to increase their incomes, and the percentage of families that lived in poverty declined.
