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Bogdan [553]
3 years ago
8

FDR altered the direction of the nation's economic direction. What were the causes of the Depression? Discuss the cornerstone po

licies of the New Deal and their effectiveness. Now, let's fast forward to the "Great Recession" in our times. Today the Republican Party stands in opposition to
Business
1 answer:
Dima020 [189]3 years ago
6 0

Answer:

The causes of the Great Depression were many and varied, but the impact was visible across the country. By the time that FDR was inaugurated president on March 4, 1933, the banking system had collapsed, nearly 25% of the labor force was unemployed, and prices and productivity had fallen to 1/3 of their 1929 levels.

Later, a second New Deal was to evolve; it included union protection programs, the Social Security Act, and programs to aid tenant farmers and migrant workers. ... In the long run, New Deal programs set a precedent for the federal government to play a key role in the economic and social affairs of the nation.

Explanation:

The Great Recession—sometimes referred to as the 2008 Recession—in the United States and Western Europe has been linked to the so-called “subprime mortgage crisis.” Subprime mortgages are home loans granted to borrowers with poor credit histories. Their home loans are considered high-risk loans.

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The House Subcommittee on Oversight and Investigations made its recommendations after looking into failures at each of the follo
zubka84 [21]

Answer:

The correct answer is ENRON.

Explanation:

Going back to December 2, 2001, is going back to one of the biggest scandals in economic history. That day, the energy company Enron declared bankruptcy. First global energy distributor, invoiced 100,000 million dollars annually.

Jeffrey Skilling, the mind behind accounting, did his last master move badly. Before the bankruptcy they were seen coming, he resigned his position alleging family reasons and sold the shares he had in the company. Four months later came bankruptcy. Supposedly, he didn't know anything about the critical situation of the company. He did not strain.

In 2004 he was charged with about thirty charges, including operating with confidential information, by selling about 60 million dollars in Enron shares before bankruptcy, deceiving the auditor or conspiracy.

7 0
3 years ago
Moshi and her best friend have phrases they use with each other that have specific meanings. For example, when they’re upset abo
Bingel [31]

Answer:

Moshi and her best friend have agreed on the meanings of each of the symbols.

Explanation:

A symbol is a thing that is used to represent something else, particularly when a physical object is used to represent an abstract thing.

Therefore, those phrases used by Moshi and her best friend are symbols they have jointly agreed upon to use as representations specific meanings. They are effective because of their joint agreement on them. Any other phrases that they have not jointly agreed upon will have no meaning to them and they will not be effective.

4 0
3 years ago
The goal of brand positioning is to explain why one brand is different and better for its target customers, and why the differen
Andrei [34K]

Answer:

True

Explanation:

Brand positioning refers to creating and occupying a place in a prospective customer's mind with respect to a brand. It refers to a brand image created in the minds of prospective customers whenever they think of a brand.

For instance, when a customer thinks of Lacoste, it reminds him of the quality associated with it along with it's French connect.

Brand positioning helps an enterprise distinguish it's own brand from those of the competitors. Also, such an exercise reveals uniqueness of the brand i.e attributes specific of such a brand.

4 0
3 years ago
Cathy wants to purchase an annuity where she can withdraw $15,000 at the beginning of each year for the next 25 years. She expec
GuDViN [60]

Answer:

hmm idk i dk

Explanation:

6 0
3 years ago
Assume that three identical units of merchandise were purchased during October, as follows: Units Cost October 5 Purchase 1 $5 1
den301095 [7]

Answer:

Cost of merchandise sold = $ 28

Gross profit = $ 13

The ending inventory under the LIFO method = $ 18

Explanation:

Given:

October 5,

Purchased units =  1

Unit cost = $5

on October  12,

Purchased units = 1

Unit cost = $ 13

On October 28,

Purchased unit = 1

Unit cost = $ 15

Total cost of the 3 units purchased = $33

Now, the unit sold on October 31 will be the unit purchased in the end i.e on October 28

thus,

Cost of merchandise sold = $ 28

Gross profit = Selling price of the unit - Unit price of purchase

or

Gross profit = $ 28 - $ 15 = $ 13

now, the ending inventory under the LIFO method = $ 5 + $ 13 = $ 18

4 0
3 years ago
Read 2 more answers
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