The United States annexed Hawaii in order to "save the people from the barbaric monarchy". In the Treaty of Paris, Spain ceded the Philippines to the United States for $20 million. Although the U.S annexed the territories, they faced violent resistance.
<u>Answer:</u>
<em>Using Fiscal policy is the best way to fight the recession of the country.</em>
<u>Explanation:</u>
<em>It involves the acts of government like, increasing the government spending, making the interest rate as low as possible and encouraging the investors.</em>
This tactics of applying the fiscal policy helps the country in increasing the GDP and fight against the recession.
Government should apply monetary policy when the economy of the country is in boom because it may cause inflation.
<em>Privatization and reduction in money supply helps in controlling the inflation.</em>
The Federal Reserve Act of 2000 says that the Fed "shall maintain <u>long run </u>growth of the monetary and credit aggregates commensurate with the economy's <u>long run</u> potential to increase production.
<u>Explanation:</u>
The Act was created in 1913 and signed by the then ruling president as a way of establishing economic stability. This act introduced the central bank to oversee the state monetary policies. The law was established to set out the structure, purpose and function of the Reserve System.
Due to recession and other financial crisis prior to 1913, investors lacked trust in bank systems, therefore the act was passed to bridge the gap between citizens and the banking system. Over the years it has been amended by Congress to keep up with the changing financial times.
This answer was hard for me but i think it is either Rift Valleys or Faults
