Answer:
While the October 1929 stock market crash triggered the Great Depression, multiple factors turned it into a decade-long economic catastrophe. Overproduction, executive inaction, ill-timed tariffs, and an inexperienced Federal Reserve all contributed to the Great Depression.
Explanation:
Answer:
A law of the United States Congress entitled "Pacific Railroad Act
Explanation:
A law of the United States Congress entitled "Pacific Railroad Act" where it was authorized to provide assistance for the construction of a railroad and telegraph line from the Missouri River (in the center of the country) to the Pacific Ocean coast, assuring the Government of use of it for postal, military and other purposes. The law was passed by President Abraham Lincoln during the American Civil War and its objective was primarily military.
This law authorized extensive land concessions in the western United States and the issuance of 30-year government bonds (at 6% annual interest) for the Union Pacific Railroad and the Central Pacific Railroad ( Central Pacific Railroad) in order to both constitute the first transcontinental railroad in the United States.
This was the great impulse to launch the railways throughout the country and ensure that the future is transported cargo in a more economical and efficient way
Answer:
The Harding Administration Domestic Affairs The undisputed goal of the Harding administration was to use governmental powers to assist American business and industry to prosper — a trend that had begun during World War I and accelerated during the New Era of the 1920s .
