one advantage to this philosophy is that businesses faced fewer government rules and regulations. this allowes businesses to do many things. often rules and regulations add tothe costs that business faces. sometimes, rules and regulations make it harder to do business activities. when businesses have fewer rules and regulations they are generally willing to take more risks and to invest in the economy. with fewer rules and regulations, businesses have a big incentive to try to maximize profits.
a disadvantage of this policy is that businesses may engage in risky behaviors that could lead to future economic problems. in the 1920s, there were few rules and regulations on banks and on the investiment industry. to much money was being loaned to individuals and people could buy stocks woth only a small down payment. banks were also free to invest in the stock market. when the stock market crashed, many people and banks were financially ruined.
Answer:
He was the President, Andrew Johnson, of the United States.
Explanation:
Andrew Johnson was the first US President to be impeached. He held the President office from 1865 to 1869.
Plan of Reconstruction:
This plan was prepared by the President Lincoln and after his assassination, Andrew Johnson wanted to execute this plan. This plan was made to add the Southern state into union in late nineteenth century on the condition if the 10 percent voter would swore an oath of allegiance to the union.
Why he was impeached:
The President Andrew Johnson was impeached due to the plan of reconstruction and impeachment trail was started when he violated the <em>Tenure of Office Pact </em>that restrict the President from dismissing appointed officials without taking permission from Congress. He dismissed the Secretary of War from the cabinet.
Hello there! Yes, all of South America is below the Tropic of Cancer. The Tropic of Cancer is located at 23.5 degrees north, which includes part of northern and all of Central America, And all of South America is below that. Here is a map below:
Answer:
The youngest to become president by election was John F. Kennedy, who was 43 year
Explanation:
The oldest person to assume the presidency was Donald Trump, at the age of 70 years