<u>Clarification: Federal Reserve's ability to positively impact unemployment rate or GDP growth is limited and mostly, indirect. Policies, incentives, subsidies, regulations, and internal and external agreements can't be changed, approved or negotiated by Federal Reserve. Those decisions are Government and Congress responsibility.</u>
Having said this, Federal Reserve can:
1. <u>Reduce interest rate</u> to make credit less expensive for businesses and households, and as a consequence businesses can hire more employees and households can purchase more goods and services.
2. <u>Buy government debt or Treasury bonds</u> for funding government and it increases the money supply in the economy by trading bonds in exchange for cash to the general public.
False
They joined 3 years later
Answer:
The legacy of slavery and Jim Crow laws have left a residue of systemic racism in the United States that has devalued the lives of African Americans. Black Lives Matter (BLM), a social movement rooted in the collective, and individual, experience of black people in this country, encourages active resistance to the continuing dehumanization and devaluation of their lives. Like other movements that preceded it, such as the Tea Party Movement, and Occupy Wall Street, “Black Lives Matter is anchored in the physical occupation of public space and amplified by social media.” As a grassroots organization, Black Lives Matter has grown from a hashtag to a network that now encompasses over 30 chapters in the United States and other countries. Building on strategies used by the Civil Rights Movement in the 1960s, BLM engages in nonviolent direct action to bring attention to police killings and abuse of African Americans.
There is a continuous struggle for human equality for African Americans in the United States. The Black Lives Matter Movement also confronts some of the same issues that previous black liberation movements addressed: black people are seen as criminal, and black bodies as expendable. Both movements have been opposed to racism and systemic oppression. Many see BLM as the new civil rights movement. That movement, from 1954 to 1965, demanded basic equality for African Americans. Black Lives Matter has focused on police abuse of African Americans. To that end, it is instructive to examine the similarities and differences between the Civil Rights Movement and the Black Lives Matter Movement.
Explanation:
