Answer:
Americans are responding to adversity by belt-tightening and discipline ... Henry Morgenthau, and moved to balance the budget after a few years of deficits. ... that was not really alleviated until World War II provided the massive stimulus to pull the ... The risk of another stumble in our economy is real.
Explanation:
Answer:
The 1970s were a period of discomfort for many Americans because of stagflation and unemployment.
Explanation:
As a consequence of the 1973 oil crisis, it emerged as Arab revenge for American and Western support for Israel in the Yom Kippur War.
Through a cessation of production and supply, OPEC generated an exponential rise in the price of oil, the main raw material on which the western economies, mainly the United States, were based. With the rise in oil prices, the remaining prices of raw materials rose, due to the increase in transportation costs. This generated inflation, which in turn caused many companies, due to high costs, to cut wages, generating in turn a situation of economic stagnation at the social level. In other words, the population began to earn less money and spend more to buy the same products. This process, called stagflation (stagnation and inflation).
It was the completion of the Northern Pacific Railroad that mostly changed the feelings toward Chinese workers in Washington because the rail lines were so popular.
The Japanese bombed Pearl Harbor before America joined the war. America did not plan on joining the war, but was going to support their allies with resources. Japan had wanted exports from America, but the U.S. refused. Since the American government would not give to Japan, Japan decided to attack Pearl Harbor. This made the Americans furious as they had not yet enlisted and saw this as an act of terrorism. They immediately took action and joined the war.<span />
The next man to hold complete power wasAugustus.
