Herbert Hoover (1874-1964), America’s 31st president, took office in 1929, the year the U.S. economy plummeted into the Great Depression. Although his predecessors’ policies undoubtedly contributed to the crisis, which lasted over a decade, Hoover bore much of the blame in the minds of the American people. As the Depression deepened, Hoover failed to recognize the severity of the situation or leverage the power of the federal government to squarely address it. A successful mining engineer before entering politics, the Iowa-born president was widely viewed as callous and insensitive toward the suffering of millions of desperate Americans. As a result, Hoover was soundly defeated in the 1932 presidential election by Democrat Franklin D. Roosevelt (1882-1945).
<span>The increase in IQ scores over time suggests environmental factors have a strong influence on intelligence.
</span>Our intelligence depends on predisposition and the environment.
Our genetic <span>predisposed is not going to change over time but the type of life
we lead also affects intelligence.</span>
Answer:The correct answer is A
Explanation:
Inflation is the persistent rise in the general price level of goods and services in an economy over a period of time.
Inflation in an economy could either be ordinary, persistent, Demand pull, Cost push, creeping, Galloping, or Hyper inflation. It can be caused by increase in wages and salaries, when demand is greater than supply, Excessive deficit financing or rapidly increasing government expenditure or budget.
The effect of inflation on the economy of a nation can be enormous. It includes Transfer of real earning from creditors to debtors, discouraged savings, loss of confidence in country's currency,fall in the standard of living.
The inflation in an economy can be controlled by monetary policy, such open market operation, Bank rate, cash reserve ratio, it can also be controlled by fiscal policy such as revenue and expenditure. It can also be measured by using method such as consumer price index, wholesale price index, GDP deflator/GDP index.