<u>These two quotes pronounced by President Herbert Hoover, express his viewpoint on the Great Depression</u> and his opinion about the different formulas adopted to overcome it:
- <em>"Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs.
"</em>
- <em>"You cannot extend the mastery of government over the daily life of a people without somewhere making it master of people's souls and thoughts.… Every step in that direction poisons the very roots of liberalism. It poisons political equality, free speech, free press, and equality of opportunity. It is the road not to more liberty but to less liberty."</em>
Hoover became one of the main detractors of Roosevelt's New Deal which, based on Keynesian economics, fostered goverment interventionism in order to boost the depressed demand levels as the mechanism to create employment and economic growth. Such interventionism was materialized by increasing public spending.
In opposition, supporters of free markets and<em> laisez-faire</em> economic policies, such as Hoover, criticized this recovery plan because they believed that markets on their own would reach the most efficient outcomes and that the country would get innecessarily indebted. Moreover, they believed that the situation would be worsened by interventionist policies that hampered certain individual liberties.
Portugal is the country was the first to capitalize on advances in maritime technology to expand exploration efforts.
Technology is the application of scientific knowledge to the practical purposes of human life, or, as it is sometimes expressed, to the modification and manipulation of the human environment.
Technology is defined as the application of scientific knowledge to a practical purpose or application. This technology takes scientific principles and applies them to transform the environment in which people live. Technology can also use scientific principles to advance the industry and other human constructs.
Technology is the way scientific knowledge is applied to practical purposes. It includes not only machines (such as computers), but also technologies and processes (such as how computer chips are made). All technology may seem electronic only, but that's just the latest technology.
Learn more about Technology here: brainly.com/question/25110079
#SPJ4
Imperialism: a policy of extending a country's power and influence through diplomacy or military force.
"the struggle against imperialism"
HISTORICAL
rule by an emperor.
EXAMPLE: ENGLAND TRYING TO TAKE OVER THE USA.
The effects of the Black Death were many and varied. Trade suffered for a time, and wars were temporarily abandoned. Many labourers died, which devastated families through lost means of survival and caused personal suffering; landowners who used labourers as tenant farmers were also affected.
