Answer:
"Try something and if it doesn't work, admit it and try something else."
Explanation:
When I took US Government, my teacher always emphasized that FDR was probably the best American President, and things like this really show why he admired him so much. Can you imagine those words coming out of the mouth of a modern politician?
Many people like to compare President Obama's first term with FDR's first term, but I believe that Obama had it easier. Not because the recession wasn't bad, but because it was fresh and new. President Bush's handling of the crisis was disastrous, but they messed up only for about one year. When FDR took office, the depression had been around for several years, so the negative effects were much greater.
When FDR took office the country was ravaged and nobody was sure that the new policies would work or not, or even what policies they should have implemented. That is why they engaged in a trial and error type of strategy where several options were explored to try to see what could work and what couldn't.
The first once is c and and is a
<span>A public debt owed to foreigners can be burdensome because B) payment of interest reduces the volume of goods. This can usually be seen illustrated in the form of a nation lending another nation money. The debt is public because the whole nation takes it on. The lending nation then is lacking in terms of use by the lending nation.</span>
<u>Because the </u><u>equilibrium quality </u><u>chosen by the market would be lower than the level that most people would consider desirable, the quantity of public college education determined in a free market (without government intervention) is a</u><u> market failure.</u>
How does government intervention lead to a collapse of the market?
- Lack of information, market regulation, public goods, and externalities can all contribute to market failure.
- Government intervention, such as new laws, taxes, tariffs, subsidies, and trade restrictions, can be used to fix market failures.
How does the market for education fail?
- Due to systematic undervaluation of the roles of motivation and engagement by educational policy, there is a significant market failure in the context of education.
- Lack of metrics for those qualities and ignorance of their potential usefulness serve as examples of this undervaluation.
Learn more about market failures
brainly.com/question/13123538
#SPJ4
