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uranmaximum [27]
3 years ago
14

During the Great Depression, factory production fell by almost half and about 25 percent of the nation's workforce was unemploye

d. Because of these conditions, President Franklin D. Roosevelt instituted programs to restore the economy and improve social conditions. Laws were passed to correct abuses by big business and to provide social services for individuals. As , awareness of social responsibility has increased.
Business
1 answer:
Andre45 [30]3 years ago
6 0

Answer: The Government increased their involvement in all economic activities.

Explanation: During the Great Depression, President Franklin D. Roosevelt instituted programs to restore the economy and improve social conditions.

The government’s role in America grew more than in any era before the great depression which includes creation of about twenty three new agencies, Social Security Act was passed and one in seven Americans received a Social Security benefit and more than 90 percent of all workers are in jobs covered by Social Security.

The congress passed the Agricultural Adjustment Act (AAA) to provide economic relief to farmers and the creation of a civil works administration which was a work relief program that gave jobs to many unemployed people.

The programs and institutions that were created above prove to be invaluable to the success and growth of the most powerful nation in the world.

You might be interested in
Christian wants to start a business. He is attracted to the idea of being his own boss, Christian wants to start a new business.
Katarina [22]

Answer:

Sole proprietorship

Explanation:

A sole proprietorship is an enterprise owned and managed by one person. The owner makes all the important business decisions. He or she may hire workers to assist him in running the daily operations of the business. A sole proprietor enjoys all profit from themselves but also suffers the losses.

This type is business is popular due to the ease in which is can be established.  Christian is most likely to start a sole proprietorship. He will become the boss of his business. Because Christian is sure of his finances, he will overcome the biggest disadvantage of a sole proprietorship, which is unlimited liability.  Christian will be making all critical decisions that allow him to apply his potential and knowledge of the markets.

4 0
3 years ago
A master (static) budget: Group of answer choices drops the current month or quarter and adds a future month or quarter as the c
vitfil [10]

Answer:

presents the plan for only one level of activity and does not adjust to changes in the level of activity                                  

Explanation:

A static budget refers to the budget where sums aren't going to change except with major quantity adjustments. Unlike a static master budget, the sales division of an organisation may have a dynamic budget.

The cost estimate for the selling commission will be reported as a proportion of revenue in such a flexible budget. In other words, A master budget – which is a projection of income and spending for a given time frame – appears constant even with rises or declines in levels of demand and output.

4 0
3 years ago
The board of directors declared cash dividends totaling $585,000 during the current year. The comparative balance sheet indicate
Lelechka [254]

Answer:

$606,375

Explanation:

The computation of the amount of cash payments to stockholders is shown below:

= Beginning dividend payable  + cash dividend declared - ending dividend payable

= $167,625 + $585,000 - $146,250

= $606,375

We simply added the dividend declared amount and deducted the ending dividend payable to the beginning dividend payable so that the accurate amount can come.

5 0
3 years ago
Douglas Industries produced 5,500 units of product that required 2.5 standard hours per unit. The standard variable overhead cos
jeka94

Answer:

The variable factory overhead controllable variance is $2,250 favorable.

Explanation:

variable factory overhead controllable variance

= standard variable cost - actual variable cost

= $5500-2.5*3 - $39000

= $2,250 favorable

Therefore, The variable factory overhead controllable variance is $2,250 favorable.

8 0
3 years ago
The weekly incomes of shift foreman for a given industry follow a normal probability distribution. With a mean of $1,000 and a s
mylen [45]

Answer:

There is a 0.2419% for a foreman to earn either $1,100 or $900

Explanation:

We calculate the probability of a normal distribution of 0;1

(X-mean)/deviation = Z

(1,100 - 1,000)/100 = 100/100 = 1

900 - 1,00/100 = -100/100 = -1

Given the zame Z value, we have the same probability of a foreman to earn 1,100 or 900

As we are asked for the foreman salary, wewill calcualte the Z for non cumulative, just the probability of a foreman to earn 1,100 or 900 dollars.

We look into the normal distribution table for the value of z = -1 or 1

0.002419707  = 0.2419%

4 0
3 years ago
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