Capitalism entices people to build businesses because they own it. This might be the deciding factor when someone wants to build a new business. Capitalism allows people to own their own business without government interference.
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Answer:
The correct answers are C, <em>calling for immediate federal funding to support financial institutions troubled by bank runs</em> and D, <em>creating a series of federal programs to provide employment on public works</em>.
Explanation:
Republican President Herbert Hoover (1874-1964) firmly believed the government should not intervene in the economic field. Because of this his administration only actively fought the economical crisis in early 1932, when unemployment was around 23%.
During that year Hoover's administration got Congress to approve the creation of the Reconstruction Finance Corporation (RFC), an institution to financially support states' governments and financial institutions. RFC saved a few banks but not enough to ease the crisis.
In mid-1932 Hoover signed the Emergency Relief and Construction Act that liberated public funds for public works to provide employment.
Options A, B and E are wrong:
When the government worked on the housing field for low-income individuals it was not through tax cuts; (A)
it did not urge private agencies to organize relief efforts, only to not cut wages during the beginning of the crisis; (B)
on the contrary, Hoover established a moratorium on foreign debts related to World War I (1914-1918) to stop the European crisis caused by the American crisis aiming to help both economies. (E)
I think... c for favoring..
At the constitutional convention, there were two plans. The VA plan and NJ plan. One favored towards small states and one favored towards large states. In the end they came to an agreement. They established House and Senate. hope this helps..
Taking into account the statement above: "Which of the following documents served the same essential purpose as the Caheres served for the French Revolution?"
The answer is: Martin Luther's 95 thesis for the reformation.
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