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EleoNora [17]
3 years ago
13

Constitutional debt limits are imposed on:____________

Social Studies
1 answer:
Mariana [72]3 years ago
6 0
Municipalities impose debt ceilings on the dollar amount of bonds that can be issued backed by ad valorem taxing power (G.O. bonds). To raise this limit requires a public referendum. Debt limits do not apply to self supporting debt such as revenue bonds or industrial revenue bonds. Hope this helps
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If the Great Depression had not happened, would World War Il have been avoided?​
djyliett [7]

Explanation:

World War I’s legacy of debt, protectionism and crippling reparations set the stage for a global economic disaster.

Nearly two decades after leaving the White House, Herbert Hoover knew precisely where to place the blame for the economic calamity that befell his presidency—and it wasn’t with him. “The primary cause of the Great Depression was the war of 1914-1918,” the former president wrote in his 1952 memoirs. “Without the war there would have been no depression of such dimensions.”

The president scapegoated by many for the economic disaster certainly had the motive to point the historical finger away from himself, but some economists and historians agree with Hoover’s assessment that World War I was the foremost of several causes of the Great Depression.

LISTEN: Hope Through History - FDR and the Great Depression

“There can be little doubt that the deepest roots of the crisis lay in the several chronic infirmities that World War I had inflicted on the international political and economic order,” wrote historian David M. Kennedy. “The war exacted a cruel economic and human toll from the core societies of the advanced industrialized world, including conspicuously Britain, France and Germany.”

“World War I and its aftermath is the dark shadow that hangs over the entire period leading up to the Great Depression,” says Maury Klein, professor emeritus of history at the University of Rhode Island and author of Rainbow’s End: The Crash of 1929. “Pick any policy you want, and you can see how it leads back to World War I.”

America Retreats From the World

While the United States emerged from World War I not only as the world’s leading economic power, but scarred by its involvement in what many Americans saw as a purely European conflict. The disillusionment with World War I led to a retreat from international affairs.

“America was going to make the world safe for democracy and came out disgusted with the whole thing,” Klein says. “The United States emerged as the logical leader on the world stage and then cut out of that role.”

Not wanting to be saddled with the cost of a European war, the United States demanded that the Allies repay money loaned to them during the conflict. “The Allies took the position that if they had to do that, then they would have to collect reparations from Germany that could be used to repay the war loans,” Klein says.

German Reparations Weigh Down Europe

Council of Four at the WWI Paris peace conference, May 27, 1919 (L - R) Great Britain Prime Minister David Lloyd George, Italian Premier Vittorio Orlando, French Premier Georges Clemenceau, U.S. President Woodrow Wilson. The treaty signed at the conference saddled Germany with billions of dollars in reparations.

As a result, the punitive Treaty of Versailles required Germany to pay billions of dollars in reparations to Great Britain, France, Belgium and other Allies. “The Peace is outrageous and impossible and can bring nothing but misfortune,” wrote economist John Maynard Keynes after resigning in protest as the British Treasury Department’s chief representative to the peace conference. In his international bestseller The Economic Consequences of the Peace, Keynes argued that the onerous reparations would only further impoverish .

4 0
3 years ago
Which feature in latin america traps smog, which creates an air pollution problem?
pashok25 [27]

Answer:

The Sierra Madre mountains surround city & trap in polluted air.

Explanation:

4 0
2 years ago
Your nephew loves to read science fiction. He particularly likes works in which alternative worlds are described and he has begu
Naddik [55]

Answer:

The answer is the formal operational stage.

Explanation:

During this stage, the fourth and last according to Piaget's structure of cognitive development, people begin to think logically. Another key feature is the development of abstract thought, which also involves creativity.

In the example, the child has developed the ability to imagine a world that's radically different from the real one; thinking about hypothetical situations are characteristic of the formal operational stage.

4 0
3 years ago
Staccato refers to playing or singing a melody ______.
ycow [4]

Answer:

In a short detached manner.

Explanation:

Staccato is a form of musical articulation that describes a note of very short duration. The word means "detached" in Italian. This sound is generally expressed with the placing of a dot either above or below a particular note. However, this is not always the case when dealing with notation from the past.

6 0
3 years ago
Tinker v. Des Moines and Texas v. Johnson were cases involving the exercise of _____________.
pshichka [43]
I think the correct answer from the choices listed above is option C. Tinker v. Des Moines and Texas v. Johnson were cases involving the exercise of symbolic speech. Tinker v Des Moines was about students rights to free speech when being published by a public school. <span>Texas v Johnson overturned a law against desecrating the US flag. </span>
8 0
3 years ago
Read 2 more answers
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