Hoover was a Republican and during the 1920's that meant little government interference with the economy. He was following the common practice of his political party for the time. Also, based on previous panics and recessions, the government didn't have to interfere because the economy naturally saw booms and busts in the economic cycle. It was believed that this economic bust was a normal decline and with reinvestment by the wealthy the economy would bounce back.
People arguing for government interference suggested that the depression was worse and different than other panics experienced before this. No one was reinvesting in the economy because they had lost too much or were not willing to trust the system. It was argued that government spending was needed to get the economy started again and then the debt the government gained from economic investment would be paid back with increased taxes when the economy turned around.
The Allied faction, most notably the British, has gained the upper hand during the first world war due to their acquisition of various oil fields. The oil has powered their military vehicles most notably its naval fleet and the introduction of Mark V tanks that posed significant advantage at the course of the war.
The correct answer is D.
The Elie Wiesel's speech "The Perils of Indifference" in 1999 in Washington tells his story, he refers to a Jewish boy who one day thought he would never be happy again, and the story of an old man who, 54 years after being freed from death, he devoted his whole life to trying to explain the dangers of indifference as one of the most important lessons that we should learn. <u>The speech begins with the memory of his childhood when he was freed from Buchenwald by American soldiers.</u>
A is the correct answer !!!!!
Answer:
Explanation:
The asnwer is in fact A. They made new systems for labor which were tenant farming and sharecropping.
