Hoover was an economic conservative, and did not believe in federal intervention in the natural cycles of the economy. It is worth noting that the thought the Depression would be much shorter than it turned out to be. He was also fearful of establishing a permanent situation in which the economy was dependent upon the government, especially with regard to welfare programs.
Hoover's fear was that the country would be permanently weaker if welfare programs were introduced, or if the federal government became overly involved in the banking system. Towards the end of his administration, as the Depression dragged on, Hoover conceded a bit on this point, and introduced some Federal lending programs to bail some financial institutions. The answer is A.
Explanation:
The Medici family ruled the city of Florence throughout the Renaissance. They had a major influence on the growth of the Italian Renaissance through their patronage of the arts and humanism. The Medici family were wool merchants and bankers. Both businesses were very profitable and the family became extremely wealthy.
“Renaissance.” Ducksters Educational Site, https://www.ducksters.com/history/renaissance/medici_family.php.
Answer:
1. US President William McKinley announced his desire for a policy that would allow countries equal access to trade with China. In effect, there'd be an “open door” to Chinese trade, and one country couldn't close the door to another country.
2. President William Howard Taft and Secretary of State Philander C. Knox followed a foreign policy characterized as “dollar diplomacy.”
3. President Woodrow Wilson's idea that the United States' moral responsibility was to deny recognition to any Latin American government that was viewed as hostile to American interests.
4. President Theodore Roosevelt's assertive approach to Latin America and the Caribbean has often been characterized as the “Big Stick,” and his policy came to be known as the Roosevelt Corollary to the Monroe Doctrine.
Explanation:
