The future value of money under simple interest is calculated using the equation: F = P(1+rt), where F is the future value, P is the present value, r is the interest rate, and t is the time in years.
F = ($2500)(1+0.1*1.5) = ($2500)(1.15) = $2875
The rewritten Japanese constitution guaranteed "<span>personal freedoms," since the Allied Powers after World War II felt that a more free people would be less likely to militarize. </span>
Although both presidents used the federal government more than any previous president had to try to get the economy back to full strength, their approaches to ending the Great Depression were different.
Hoover's main goal was to restore confidence in the economy and the banking system. He authorized loans to farmers with the Agriculture Marketing Acting and businessmen wouldn't they wouldn't go bankrupt, they were expected o be paid back. For the most part, he advocated "rugged individualism". He believed government handouts to the poor and unemployed greatly damaged the self-esteem of the recipients. One major Hoover initiative, the Smoot- Hawley Tariff of 1930, proved to be disastrous for the US and world economies. And as the situation in the US deteriorated, the US constitution passed the Emergency Relief and the Reconstruction Act. Hoover disagreed with it and used his powers as president to slow its implementation. He pushed a different bill that he created, the Reconstruction Finance Act. He plan too little, too late. He lost favor with the American people.
There is significantly much more that Roosevelt did, I will narrow most down.
Roosevelt's mandate for change was so sweeping that he immediately went to work to restore the confidence in the US economic system. His program was called The New Deal. Roosevelt's overall strategy for combating the Depression was to provide relief to those who needed it most and to re-structure the US economy from the bottom up. The first thing the did was declare a "Bank Holiday". All banks in the US were closed indefinitely, until the banks and the government could control the situation. Theres so much more but Im sure you don't want a full blown essay.
In his own farewell address, George Washington wrote that self-government is the underpinning of our safety, prosperity, and liberty, but 'from different causes and from different quarters much pains will be taken…to weaken in your minds the conviction of this truth'; that we should preserve it with 'jealous anxiety'; ...Feb 16, 2018
I think that During his administration, President Reagan introduced the Trickle down Economics, also known as Reaganomics, with the objective of reducing taxes on bussiness. In the short term, only bussines men were benefited by this policy. However because of this tax reduction, companies had more money to invest in their bussines by opening more factories, for example, and eventually, creating more jobs for the people in the US. Therefore, the whole US society was benefited by Reagan's policies. So the Weathly Bussiness men Helped him.
