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matrenka [14]
3 years ago
6

Previous to the 1930's, the u.s. government did not actively govern the economy. in response to the great depression, the united

states congress created a central bank for the united states. this system was designed to ward off inflation and to monitor the value of the american dollar. this central bank is called:
History
1 answer:
bazaltina [42]3 years ago
4 0
In 1913, President Woodrow Wilson signed the Federal Reserve Act which created the Federal Reserve Bank of the United States which would monitor and regulate the Dollar.
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Differences between communism and capitalism
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Explanation: Capitalism is an economic system in which the trade and industry of the economy is owned and controlled by private individuals, to make profit. Communism refers to social system in which country's trade and industry are controlled by the community and the share of each individual relies on his ability and needs.

8 0
3 years ago
Which answer best describes a reason why industries flourished in New England?
sp2606 [1]
For the answer to the question above, I believe the answer is because
<u><em>the people in New </em></u><u><em>England</em></u> <u><em>had more work experience.
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<em><u /></em><u />That's why industries sprung in the New England.
I hope this helps. Have a nice day ahead!
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3 years ago
What effect did the cuban missile crisis have on the united states answers?
Inga [223]
In a dramatic televised address to the American<span> public, President John F. Kennedy announces that the Soviet Union has placed nuclear weapons in </span>Cuba<span> and, in</span>response<span>, the </span>United States<span> will establish a blockade around the island to prevent any other offensive weapons from entering Castro's state.</span>
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3 years ago
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True or false: mao zedong successfully created a socialist society in china that was completely egalitarian
wolverine [178]
The statement is True.

After the Chinese Communist party came to power in 1948, Mao quickly began reforms to remove aspects of capitalism from the country.

He took aggressive measures against former land owning aristocracy and made sure all major economic aspects would be controlled by the government.

He wanted to develop a class-less society where everyone was equal, as a worker, both male and female.

For many years, everyone wore the same kind of clothes, drove bicycles and hardly anyone owned a car.

While, his achievements are both arguable and controversial, for a time, he did manage to create a complete socialist/<span>egalitarian society, albeit with a powerful political elite in the form of a communist party.</span>
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6 0
3 years ago
What were the central features of the "middle colonies"? Explain how they differed from New England and the southern colonies.
Pavel [41]

Answer:

The middle colonies, were different from the New England and southern colonies. These colonies are also known as, New York, Pennsylvania, New Jersey, and Deleware, which contained river systems and parts. Their 3 rivers are the Hudson, Deleware, and the Susquehanna. The New England colonies contained Massachusetts, Connecticut, Rhode Island, and New Hampshire. They had harsh soil, which led to subsistence farms, fishing (including whaling), and shipbuilding/small-scale factories were introduced. In the Southern colonies (Maryland, Virginia, South Carolina, and Georgia), plantation systems developed. Farms were scattered, as well as slave labor, and export of cash crops.

Explanation:

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