The Treaty of Paris which was signed in Paris in 1898 officially ended the Spanish-American War. As part of the agreement the United States also gained control of former Spanish colonies in the Philippines, Guam, and Puerto Rico.
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The Conservative Response: Let the Economy Stabilize
A conservative is someone who cherishes and seeks to preserve traditional customs and values. For conservatives in the 1930s, these values included self-reliance, individual responsibility, and personal liberty. Conservatives tend to prefer the status quo, or current conditions, to abrupt changes. They accept change, but only in moderation. Depression-era conservatives opposed large governmental efforts to effect change, which they felt challenged their values.
As the Depression worsened, conservatives resisted calls for radical changes to the free enterprise system. Left alone, they argued, the economy would soon stabilize and then begin to improve.
Some economists supported conservatives’ hands-off approach. They insisted that economic downturns and periods of low economic activity—known as panics—were normal. They were part of the business cycle, a pattern in which economic growth is followed by decline, panic, and finally recovery. These lows were natural in a capitalist economy, economists argued. They noted that good times followed even the severe panics of the 1870s and 1890s. The economy would also recover from this severe period.
At the start of the Depression, many Americans shared this outlook. Most preferred to suffer in silence rather than admit they needed help. But as the Depression progressed, people ran short of food and fuel. Many had no choice but to seek aid. Conservatives insisted that charities take on the growing task of providing basic necessities to the needy. If government had to step in, they argued, it should be local governments’ responsibility to care for their own.
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The FTC's competition mission is to enforce the rules of the competitive marketplace — the antitrust laws. These laws promote vigorous competition and protect consumers from anticompetitive mergers and business practices.
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Jean-Conrad Hottinguer, Pierre Bellamy and Lucien Hauteval
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Answer: The years 1939–1942 saw a marked expansion in the concentration camp system. In 1938, SS authorities had begun to exploit the labor of concentration camp prisoners for economic profit. In September 1939, the war provided a convenient excuse to ban releases from the camps, thus providing the SS with a readily available labor force.SS authorities established new camps in the vicinity of factories (for example, the brickworks at Neuengamme, 1940) or sites for the extraction of raw materials (such as the stone quarry at Mauthausen, 1938). The goods extracted or produced by prisoner labor were sold to the German Reich through SS-owned firms such as the German Earth and Stone Works.
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