They believed in economic freedom out of two reasons. One was that each person should have the right to manage their property and resources as they see fit, and the other being that they believed that if governments imposed their will on the market it would lead to tyranny and oppression since the government could become a monopolistic one and bother the people.
Answer:
The Reconstruction Finance Corporation (RFC) was an independent government agency in the United States that emerged in 1932 during the presidency of Herbert C. Hoover. Its task was the financial support of banks and other private companies during the Great Depression.
Explanation:
The RFC distributed approximately $2 billion to states and local governments, while providing loans to banks, railway companies, real estate farm corporations, and various businesses. The loans were almost all repaid.
The agency continued during Franklin D. Roosevelt's New Deal and played a major role in the end of the Great Depression, and in the implementation of aid programs introduced during the New Deal.
The agency was abolished by the Reorganization Plan on June 30, 1957.
Answer:
Explanation: The decade following World War II is fondly remembered as a period of economic growth and cultural stability. America had won the war and defeated the forces of evil in the world. The hardships of the previous fifteen years of war and depression were replaced by rising living standards, increased opportunities, and a newly emerging American culture confident of its future and place in the world.
Answer:
Explanation:
An economy depends on its industries. The middle colonies had a variety of industries that made up their economy -- especially their exporting economy.
- They had fertile soil: they could export wheat and grains
- Lumber and shipbuilding also contributed to their economy.
- Textiles
- Iron
but these last 2 were not major industries, but there was enough there that they could export them.
he Middle Colonies had much fertile soil, which allowed the area to become a major exporter of wheat and other grains. The lumber and shipbuilding industries were successful in the Middle Colonies because of the abundant forests, and Pennsylvania was moderately successful in the textile and iron industries.
