American factories were to produce goods to support the war effort and almost overnight the unemployment rate dropped to around 10%.
<u>The RFC gave loans to a variety of businesses. The RFC increased the amount of financing given to public relief efforts.</u>
<u>Rather than eliminating services and cutting spending, it increased social welfare programs</u> changing the way the U.S.government responded to the Great Depression.
<h3>
What is Great Depression?</h3>
After Franklin Roosevelt was elected president, the U.S. government responded to the Great Depression differently, strengthening social welfare programs rather than reducing services and spending.
The American government decided to spend more money on Great Depression rather than put it away. In order to increase the likelihood of a rapid recovery, Roosevelt needed to stimulate the economy. After the market crash, Roosevelt made an effort to regain the public's trust in the banking sector. To promote exports, he devalued the currency.
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Question:
How did Franklin Roosevelt’s election as president change the way the U.S. government responded to the Great Depression?
A. Rather than initiating public works projects, it relied on the free market to create jobs.
B. It increased tariffs to prevent Americans from purchasing goods from outside the country.
C. Rather than eliminating services and cutting spending, it increased social welfare programs.
D. It shifted from Keynesian economic policy to simple supply-and-demand economic principles.
Answer:
Yes, the statement is true in the current context.
Explanation:
Pakistan stands to support Kashmiri militants like in the case of Burhan Wani killing by Indian soldiers. The killing of Burhan Wani raged violent protests which have claimed a high death toll in the valley. Pakistan's reaction came in support of the militant leader when the Prime Minister of Pakistan, Mr. Nawaz Sharif called him a martyr, and therefore his death was used to provoke anti-Indian sentiments.
