<span>The present-day Republican Party is descended from the "Whig Party," since the Republican Party was formed primarily out of an aversion to slavery in the US. </span>
Answer:
Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers. By 1933, when the Great Depression reached its lowest point, some 15 million Americans were unemployed and nearly half the country's banks had failed.People lost their jobs and were evicted from their homes. There were a lot of homeless people sleeping in the cities. Some people built and lived in shanty towns.
It was showed as a surplus because it was a surplus when it came to the budget. The problem behind it that for the first time in a while, the United States budget worked with a surplus after the year ended even though it was not the idea of a surplus that the people believed.
The surplus disappeared because it never really existed. It was a surplus but it didn't mean that the country was not in debt. The country had a huge amount of debt to other countries or to companies or to any other institution such as a bank. The surplus was eaten up by the debt accumulated over the years. There was a surplus, but the debt was not reduced.
