The following are the measures taken by Hoover to combat Depression:
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the National Farmers' Holiday Association
the Reconstruction Finance Corporation
the Home Loan Bank System
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The flappers where are a generation of women during 1920 that wore short skirts and had a relatively bohemian way of behaving that defied the boundaries of acceptable behavior. Among their characteristics were the use of excessive makeup, drinking, and smoking tobacco.
They are considered as icons of the 1920s, as they were considered as a reflection of a period filled with social and political turbulence after World War I.
On the other hand, flappers often portraited a superficial image of society at that time as they were always left the impression of engaging an upscale style of living.
<span>While it was true that the cotton gin reduced the labor of removing seeds, it did not reduce the need for slaves to grow and pick the cotton. In fact, the opposite occurred. Cotton growing became so profitable for the planters that it greatly increased their demand for both land and slave labor.</span>
Taxation is not the only way the government raises money. Prior to 1933, the United States was on a gold standard. The amount of gold the government had in its possession limited the number of dollars the government could print. What made the gold standard important was not the gold, but rather the limit on the number of dollars the government could print. A “land standard” or a “fresh water standard” that limited he number of dollars the government could print by the amount of land or fresh water the government owned would have achieved the same effect. The value of the object serving as the standard is not important. What is important is that the object exists in a fixed quantity. As long as the quantity of the object is fixed and the number of dollars is limited by the number of units of the object the government owns, the government will be unable to print as many dollars as it likes. When the government can print as many dollars as it likes, it has the ability to impose an “inflation tax.” In what way is inflation a tax? When the government prints money, prices rise. When prices rise, money loses value. For example, if a tank of gas costs $20, then the $20 bill in your pocket is worth a tank of gas. If the price of gas rises so now a tank costs $30, then the $20 bill in your pocket is only worth two-thirds of a tank of gas. The increase in the price of gas caused the money in your pocket to lose value.
Shortly after midnight on may 1 1898 commodore George Dewey led his squadron into Manila Bay in the Philippines.