The right answer is A) Government loans gave the oil industry a second chance to boom
The first oil shock began in October 1973, when OPEC member Arab countries embargoed oil supplies to the United States, Japan, and Western Europe in retaliation for the occupation of Palestinian territories by the Israelis during the Yom Kippur War. The embargo forced some European countries and Japan to ration energy and led the world into recession. With the deficit in the supply of this commodity the American government intervened and fomented the economy so that it could survive the crisis that was instated and Texas petroleum became an improvised exit.
The correct answer is A) It was a period of rapid economic and social transformation. Hope this helps.
Hoover did not handle the Bonus Army well.
The Bonus Army was a group of 43 thousand protestors - WWI veterans and their families - who gathered in Washington DC to demand payment for their service certificates.
President Hoover did not attempt to negotiate with the protestors, first, he ordered to have them removed from government’s property and later he ordered to the Army to clear the marcher’s campsite.
To do so, infantry and cavalry was used and additionally, six tanks.
Public opinion on Hoover’s actions was strong, newspapers and newsreels - that were popular at the time - showed images of the violence perpetrated on soldiers and their families. This was considered one of the strongest factors that influenced his lost at elections to Roosevelt.
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Geography, including regional differences in soils, rainfall, and growing seasons was the primary cause of economic differences among the colonies in North America. A result of the encounter between Europeans and Native Americans was that new diseases were spread to Native American populations.
The 1920s are typically seen as a time when urban areas in the United States were becoming more modernized while rural areas remained traditional. This was the cause of a great deal of conflict between the two regions and, more generally, between modernizers and people who wanted to retain traditional ways. The Scopes Monkey Trial is one of the greatest examples of this conflict.
In the 1920s, urban America was changing. Huge numbers of immigrants...
