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Gnoma [55]
3 years ago
13

When the government raises taxes, what does it take out of circulation?

History
1 answer:
KIM [24]3 years ago
4 0
A tax increase will decrease disposable income
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Was the new deal an effective response to the Great Depression
Rzqust [24]

New deal was not an effective response to the Great Depression.

New Deal was the name for a series of economic and administrative measures taken by the administration of US President Franklin Delano Roosevelt in the 1930s to counter the effects of the Great Economic Crisis. Characteristics of this policy was the unprecedented US interference in the economy, that is, the replacement of the former system based on free market and monetarism with a system based on intervention, that is, increased government control over banks, industry, as well as stimulating consumption.

Explanation:

  • According to Roosevelt's secretary, "The deal was not a plan with form and content. It was just a phrase Roosevelt came up with during the campaign. "
  • The New Deal framework itself was supposed to solve the economic downturn, but it only came to fruition after World War II and US involvement.
  • The most important reason for creating the New Deal program is the biggest collapse of Wall Street, the seat of the US economic world, on October 29, 1929, commonly known as Black Tuesday. It was the beginning of the Great Depression, that is, a major crisis that affected not only the United States but the entire world, and lasted from 1929 to 1933.
  • Although Roosevelt did not explain the plan in detail and concretely, he still managed to have his vague and vague words draw the people to his side and lead him to victory in the election. The deal came as a response from US liberals to the enormous power of the capitalists to create a welfare state at the expense of the weakening power of Congress, which was under bad economic influence.

Class: History

Level: High school

Keywords: Roosevelt, New Deal, Wall Street collapse

Learn more on Roosevelt presidency on

brainly.com/question/9005689

#learnwithBrainly

7 0
3 years ago
Under NATO, the United States, Canada, and Western European nations agreed to negotiate a peace treaty with the Soviet Union. re
expeople1 [14]

Answer:

defend each other against attacks by responding with force.

Explanation:

Under NATO, the United States, Canada, and Western European nations agreed to defend each other against attacks by responding with force.

NATO is acronym got North Atlantic Treaty Organisation that was formed to protect the freedom and safety of its member nations and weaker nations.

Under this agreement, the United States, Canada and Western European nations agreed to defend each other against attacks by responding with force.

5 0
2 years ago
Read 2 more answers
Why is the sky blue?????????????????????
Soloha48 [4]

Answer:

It’s just blue lol

Explanation:

5 0
3 years ago
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Rhodes, shown as a colossus, demonstrates the<br><br><br> European feelings of
Alchen [17]

Answer:

Ethnocentrism.

Explanation:

In a political cartoon titled Rhode Colossus, striding from Cape Town to Cairo, which depicts Cecil Rhodes, a British colonialist, standing and spreading over the big map of African continent, demonstrates the European feelings of ETHNOCENTRICISM, a belief that, certain ethinc, which in this case, is European, are better than other ethnics: that is Africa, specifically due to their heritage.

Hence, it is concluded that, Rhodes, shown as a colossus, demonstrates the European feelings of ETHNOCENTRICISM.

8 0
3 years ago
Which of the following are connected statements about India subcontinent and East Asia​
Tanya [424]

Answer:

A,C,D

Explanation:

6 0
3 years ago
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