<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.
B. Local natives successfully defeated Dutch and Portuguese forces.
The majority of these documents relate to two seminal events in which Madison played a major role: the drafting and ratification of the Constitution of the United States (1787-8) and the introduction (1789) in the First Federal Congress of the amendments that became the Bill of Rights
Answer:
The enactment of the TRA reaffirmed Taiwan as in important strategic partner of the United states and a linchpin of us policy in Asia.
D, Germany to write letters of apology to all victims
Explanation:
A; 2. Term is Germany’s armed forces and one part of this term is that the German army was limited to 100,000 men
B; 3. Term is Germany had to pay an estimated 6,600 million in reparations (I’m assuming it says $5 billion because that’s either how much money it is switched to English money amount or just that money has less value now then back then not sure)
C; 2. Term Germany’s armed forces part of this term is that Germany have no armored vehicles, submarines, or aircrafts.
So D is the only one left.
