one advantage to this philosophy is that businesses faced fewer government rules and regulations. this allowes businesses to do many things. often rules and regulations add tothe costs that business faces. sometimes, rules and regulations make it harder to do business activities. when businesses have fewer rules and regulations they are generally willing to take more risks and to invest in the economy. with fewer rules and regulations, businesses have a big incentive to try to maximize profits.
a disadvantage of this policy is that businesses may engage in risky behaviors that could lead to future economic problems. in the 1920s, there were few rules and regulations on banks and on the investiment industry. to much money was being loaned to individuals and people could buy stocks woth only a small down payment. banks were also free to invest in the stock market. when the stock market crashed, many people and banks were financially ruined.
The most famous of all the units fighting in Cuba, the "Rough Riders" was the name given to the First U.S. Volunteer Cavalry under the leadership of Theodore Roosevelt. Roosevelt resigned his position as Assistant Secretary of the Navy in May 1898 to join the volunteer cavalry. The original plan for this unit called for filling it with men from the Indian Territory, New Mexico, Arizona, and Oklahoma. However, once Roosevelt joined the group, it quickly became the place for a mix of troops ranging from Ivy League athletes to glee-club singers to Texas Rangers and Indians.
Rough riders grave sites
The graves of the Rough Riders
Photographic History, p. 251.
Download an uncompressed TIFF (.tif) version of this image.
Roosevelt and the commander of the unit Colonel Leonard Wood trained and supplied the men so well at their camp in San Antonio, Texas, that the Rough Riders was allowed into the action, unlike many other volunteer companies. They went to Tampa at the end of May and sailed for Santiago de Cuba on June 13. There they joined the Fifth Corps, another highly trained, well supplied, and enthusiastic group consisting of excellent soldiers from the regular army and volunteers.
The Rough Riders saw battle at Las Guásimas when General Samuel B. M. Young was ordered to attack at this village, three miles north of Siboney on the way to Santiago. Although it was not important to the outcome of the war, news of the action quickly made the papers. They also made headlines for their role in the Battle of San Juan Hill, which became the stuff of legend thanks to Roosevelt's writing ability and reenactments filmed long after.
Not let them fall to communism which was all around them Japan china Russia but the closes was Cuba
Unions forced employers to raise wages and improve working conditions or they wouldn't have laborers. Unions used picketing, protesting, and boycotting to get what they wanted. Through unity, unions helped the working man get what he deserved.
