The correct answer is A) raised interest rates in an attempt to slow down inflation.
<em>Under President Carter, the Federal Reserve raised interest rates in an attempt to slow down inflation.
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When Jimmy Carter took the presidency of the United States the economy was improving slowly. But the Federal Reserve attempt to slow down inflation in the late 70s made the economy of the country to slow more. The U.S, recession of that time had been caused by the oil embargo, so President Carter’s idea to improve the economy of the nation was to reduce the dependence of foreign energy and petroleum.
The answer is A because it talkes about how it prevent its employees in
Farmers were probably the hardest hit group of people during the Great Depression. They were already having a tough time from the 1920's because during WWl, they had been making record numbers of crops that were being sent over seas, but once the war ended they ended up with a surplus which dropped the price of wheat and farmers could hardly make a living. Farmers had also bought tractors and farm equipment with an installment plan, which means they buy now and pay later. This caused many farmers to go into debt because once the depression hit they no longer could afford to pay them off. To make matters worse, unsafe farming practices, like not rotating crops, cause the top soil to blow off and huge dust storms, called the Dust Bowl occurred making life miserable for farmers and their families.
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