The revolution of 1848 benefited Louis Napoleon so much. When the election for Presidency was held, he filed a candidacy and won the election which made him the President of the Republic. The revolution of 1848 meant the end of the rule of King Louis Philippe.
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new mexico joined world war 2 after germany sank two of its tankers
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i checked it :)
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it created precedent by declaring that indigent criminal defendants have a constitutional right to a court-appointed lawyer.
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The conquest of new lands directly contributed to the economic growth of nations since through territorial expansion new territories were acquired that included within themselves enormous amounts of natural resources.
Thus, for example, the territorial expansion of Spain during the conquest of America allowed the Spanish Empire access to precious metals and different grains that contributed to the economic development of the nation and the well-being of its citizens.
Another example is that of the United States, which after the annexation of California was able to exploit the enormous gold reserves that were in the territory of the State.
<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.
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- <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.
