They bought complex social and economic changes that led to riots, strikes and the emergence of the unions.
They showed no concern for their workers, keeping their wages at a minimum, and reduced them as they felt fit. Many of them suffered poor standards of living while the Robber Barons lived luxurious lives.
Because of them today money goes around the world so that people could either become rich or poor
C.
<span>American troops finally withdrew.</span>
Answer:
Napoleon has affected today's society in several ways. Napoleon developed something called the Napoleonic Code. This was a series of laws that brought a sense of order and fairness to France. ... Some of these ideas were represented in the French Revolution that also served as the model for revolutions in other countries.
Explanation:
<u>These two quotes pronounced by President Herbert Hoover, express his viewpoint on the Great Depression</u> and his opinion about the different formulas adopted to overcome it:
- <em>"Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs.
"</em>
- <em>"You cannot extend the mastery of government over the daily life of a people without somewhere making it master of people's souls and thoughts.… Every step in that direction poisons the very roots of liberalism. It poisons political equality, free speech, free press, and equality of opportunity. It is the road not to more liberty but to less liberty."</em>
Hoover became one of the main detractors of Roosevelt's New Deal which, based on Keynesian economics, fostered goverment interventionism in order to boost the depressed demand levels as the mechanism to create employment and economic growth. Such interventionism was materialized by increasing public spending.
In opposition, supporters of free markets and<em> laisez-faire</em> economic policies, such as Hoover, criticized this recovery plan because they believed that markets on their own would reach the most efficient outcomes and that the country would get innecessarily indebted. Moreover, they believed that the situation would be worsened by interventionist policies that hampered certain individual liberties.