<u>These two quotes pronounced by President Herbert Hoover, express his viewpoint on the Great Depression</u> and his opinion about the different formulas adopted to overcome it:
- <em>"Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs.
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- <em>"You cannot extend the mastery of government over the daily life of a people without somewhere making it master of people's souls and thoughts.… Every step in that direction poisons the very roots of liberalism. It poisons political equality, free speech, free press, and equality of opportunity. It is the road not to more liberty but to less liberty."</em>
Hoover became one of the main detractors of Roosevelt's New Deal which, based on Keynesian economics, fostered goverment interventionism in order to boost the depressed demand levels as the mechanism to create employment and economic growth. Such interventionism was materialized by increasing public spending.
In opposition, supporters of free markets and<em> laisez-faire</em> economic policies, such as Hoover, criticized this recovery plan because they believed that markets on their own would reach the most efficient outcomes and that the country would get innecessarily indebted. Moreover, they believed that the situation would be worsened by interventionist policies that hampered certain individual liberties.
<u>Answer:</u>
Globalization is the fact that aims an increasing the business productivity across the world on different levels based on the monetary facilitation of the concerned parties. Globalization, therefore, covers technology advancement, communication infrastructure, and developments.
The globalization compels in the adaptation of the strategies that bring new trends that balance the interest and rights of individuals together with the whole community. The changes help business leaders in implementing the policies of the company.
Answer:These claims suggest that immigrants contribute to economic growth by increasing the supply of (or attracting) capital as well as the supply of labor. Rosenberg (1972: 32–33) concludes that immigrants to the United States also brought European technology that increased the productivity of American industry.
Answer:
I would say that their relationship grew tense over time.
Explanation:
I may not be right on this one, but I'll give it a shot. I say their relationship grew tense as time passed, then became hostile. Native Americans were exposed to their diseases, which caused a huge amount of deaths for the Native Americans. However they still helped them learn how to grow crops to provide for their families. Though the English began to cross boundaries the Natives set while allowing them to reside on their land. The longer the English stayed, the worse they got. The Trail of Tears is a primary example, when colonizers wanted to move west they relocated many Native American's, who didn't want to be 'Americanized' which killed many in the process.
