Hoover blamed the depression on foreign economic collapse over which he had no control. Major European banks went bankrupt, causing alarm in other foreign banks.
It really all comes down to money.
The perfect illustrative example of this would be the Department of Education. States have the power to enact their own education policies and nowhere is education laid out as a federal duty. And yet, a Federal department exists.
They enter by setting policies and giving enough money to the States to follow the federal policies.
Answer:
This kind of Economy is known as Developing economy.
Explanation:
- A nation like India that was a cultural and mainly agricultural driven nation has now turned its economy to the tertiary sector and more limited on agriculture though the agriculture still continues the spine of the economy.
- But as the country has reached a self-sufficient in terms of the agricultural and the food self-sufficiency and onset of the stage of Globalization and industrialization the economy of India is set to reach a high mass consumption phase.
- This can also be seen as the onset of the period of the green revolution in India.
No, the courts decision was not fair to him. Dred Scott was told that he would be set free and yet he wasn’t, therefore the decision to have him remain a slave was unfair.
They made this to preserve and protect themselves from the wars in the world. President Woodrow Wilson motivated the Americans to stay neutral as it is called safe democracy. He decided not to let Americans get involved in the wars of other nations. He also stopped providing military assistance to show his neutrality.
