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natali 33 [55]
2 years ago
14

What was the effect of President Roosevelt's attempt to balance the federal budget?

History
1 answer:
nordsb [41]2 years ago
7 0

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.

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What part of the Roman government was made up of 300 elite families for hundreds of years?
DENIUS [597]

Answer:The ancient Roman republic had three branches of government. In the beginning, the legislative branch was the Senate, a group made up of 300 citizens from Rome's patrician class, the oldest and wealthiest families of Rome.

Explanation:

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2 years ago
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Which issue inspired John C. Calhoun to become an early leader of the Whig Party?
bulgar [2K]

Answer:

The political turmoil brought on by the Nullification Crisis inspired John C. Calhoun to become an early leader of the Whig Party

Explanation:

John Caldwell Calhoun was a politician who is known to also be a theorist in politics. An American statesman from South Carolina who was instrumental and active in the running of the government in the 1820s

As a leading figure and among the proponents who champion the Nullification rights, Calhoun statesman activities in putting the government to check also include the states' rights and the opposition to the high tariff.

Calhoun being a leader at early stage with the Whig Party was as a result of his resolve in seeing to light the Nullification act against the federal tariff hike being rejected by the South Carolina and because his views tally with the Whig Party, He became an early leader even though he did not participate fully with them.

7 0
3 years ago
Julius Caesar a. was a member of the plebeian class. b. defeated Octavian's army and obtained the titles of dictator, then dicta
borishaifa [10]

Answer:

d. was assassinated by leading senators convinced his death would restore the republic.

Explanation:

Julius Caesar had the title of "dictator for life" by the time he was assassinated by three senators:  Marcus Junius Brutus, Cassius Longinus and Decimus Junius Brutus in 44 BC. He was stabbed to death in a theater, and several other senators were conspirators.

The goal of the senators was to re-establish the republic, however, they were ineffective in achieving this goal, and what broke out next was a civil war that ended when Augustus finally took power and became the first Roman Emperor.

3 0
2 years ago
What goal did the American revolution and the French Revolution have in common?
babymother [125]

Answer:

translated is spanish

Explanation:

fácil lo que querían era la libertad y que hubiera derechos que los protegieran, denada :b

-por cierto mira esto Ñ- XD

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3 years ago
Which development allowed the Jamestown colony to develop a viable economy?
Alchen [17]
<span> The headright rule that encouraged indentured servitude</span>
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