Answer:
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The correct answer is:
- Both crime and poverty rates had greatly increased. With the reduction of social welfare programs advocated by the Neoliberal policies, budgets for the police and for government programs used to mitigate and remedy poverty were greatly decreased. This in turn meant that the police and the social programs had to do a lot more with a lot less resources which inevitable entailed a degradation of their services.
- Budget deficits in the federal government were rising. Indeed, one of the major tenets of neoliberalism is that taxation is a hindrance for the activities and prosperity of the private sector and the rich. This translated into tax cuts for the wealthiest that reduced the income of the federal government and that increased deficits.
- The federal government's role had become very limited. Neoliberals consider that big government is the problem. That is why they always de-fund it as much as they can and enact laws to keep the government from regulating all types of economic activities.
- Divorce rates and drug abuse were becoming major problems. Inevitably, as economic inequalities rise, the quality of life and access to economic and professional opportunities decreases and that puts quit a strain on households that have to cope with extreme unemployment and inflation but with stagnant wages/salaries. Inevitably, such social and economic instability takes a great toll on people and the fact that due to budget cuts to social security and lack of access to universal, comprehensive healthcare prevents them from getting medical/psychological assistance; they will resort to drug abuse in order to mitigate their physical/psychological ailments.
Answer:
The correct answers are C, <em>calling for immediate federal funding to support financial institutions troubled by bank runs</em> and D, <em>creating a series of federal programs to provide employment on public works</em>.
Explanation:
Republican President Herbert Hoover (1874-1964) firmly believed the government should not intervene in the economic field. Because of this his administration only actively fought the economical crisis in early 1932, when unemployment was around 23%.
During that year Hoover's administration got Congress to approve the creation of the Reconstruction Finance Corporation (RFC), an institution to financially support states' governments and financial institutions. RFC saved a few banks but not enough to ease the crisis.
In mid-1932 Hoover signed the Emergency Relief and Construction Act that liberated public funds for public works to provide employment.
Options A, B and E are wrong:
When the government worked on the housing field for low-income individuals it was not through tax cuts; (A)
it did not urge private agencies to organize relief efforts, only to not cut wages during the beginning of the crisis; (B)
on the contrary, Hoover established a moratorium on foreign debts related to World War I (1914-1918) to stop the European crisis caused by the American crisis aiming to help both economies. (E)
Answer: C. rid Italy of all forms of democracy
Explanation: Upon becoming Prime Minister of Italy, Mussolini had to form a coalition government, because the Fascists did not have control over the Italian parliament. Mussolini’s coalition government initially pursued economically liberal policies under the direction of liberal finance minister Alberto De Stefani, a member of the Center Party, including balancing the budget through deep cuts to the civil service. Initially, little drastic change in government policy occurred and repressive police actions were limited.
