Answer:
The effect of President Roosevelt's attempt to balance the federal budget was the economic recession of 1937.
Explanation:
In 1937, the government of the Democrat Franklin D. Roosevelt considered that, after 4 years of effort, the government should reduce its fiscal deficit and balance its accounts in order to avoid a progressive emptying of the public coffers. Roosevelt, who had won in the 1933 elections and had imposed the New Deal, greatly increasing public spending in line with Keynesian theory, decided it was time for the government to start pulling out of the economy. Thus, he decided to cut expenses (closing New Deal programs) and raise taxes, in order to balance the fiscal deficit.
The problem was that, as a consequence of the Great Depression and the correct application of the New Deal, the American economy was too weak not to have the support of the federal state. In other words, the American economy depended heavily on New Deal programs, and it had a degree of fiscal effort that was too great to raise taxes. Thus, with the taking of these measures, the American economy began to fall, entering in a recession.
Answer:
Explanation:
Wary of Strong National Government
That said, during its short lifespan, the Articles of Confederation became increasingly ineffective at governing the continually growing American states. The main cause of this ineffectiveness stemmed from a lack of a strong, central government.
Answer:
In my opinion, JP Morgan treated his workers Terribly! he caused so many falling wages and he was careless about the health and safety of the workforces of his companies.
Answer:
According to the article the different type of minority groups are
Racial Groups
Ethnic Groups
Gender
Religion.
Explanation: Correct on EDG2020!
