Howard Johnson is a hotel chain that is based in New Jersey, the United States wherein its hotel now expands throughout all the states in America and also across some areas in Canada. The word "renaissance" that it meant would be the establishment near it named "Renaissance."
In this excerpt from the United States Constitution in regards to religion, the meaning is that <em>Citizens cannot be blocked from a political position based on religion</em>. Religious qualifications for public office have always been prohibited by Article VI of the Constitution of the United States, at the national level of the federal system of government.
Bolesław The First, aka Bolesław The Great.
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The Federal Reserve System was basically set up to stabilize prices and price hikes. As an individual who was working at that time and I earned a certain amount but 2 years later dairy prices increased for example 5%, and wages stayed the same, that would cause me to get scared and fearful of other price hikes and the interest I was earning on the money in my bank didn’t change or possibly went down and I started to loose money I would panic and go grab my cash thus creating a run on the banks and an unstable banking system, economic growth is pressured so widespread panic happened and I believe a few times and of course caused banks to close and fail or come close in the early 20th century, before the Fed was created and signed under Woodrow Wilson who himself was an isolationist. Stability is key! Also USA relied on banks that would invest cash on our own country bonds. Where was the steady supply of cash? There was none. Causing the economy to fail. Basically the Fed was a system of failing banks that were tied together being bailed out by Wallstreet financiers working with the Government and Secretary of treasury came up with plans and similar agreements arose with similar failing banks but not insolvent banks or trusts agreeing to insure even its weaker banks/members. It stretched across the country governed by a national board of directors who set interest rates and controlled credit. It also as it evolved had the ability to regulate and supervise banking activities. Also the Fed would make sure that banks could keep up with changes in the demand for currency. To make sure commercial paper was available and lend if needed. Believe me it gets to confusing for me beyond this but these are the basic facts I am aware of. Even the issuing of paper money based on???
Answer:
To correct the immediate problems of the Depression.
Explanation:
The First New Deal was a series of deals introduced by then-President Roosevelt. The United States had been suffering from the Great Depression leaving the nation in turmoil, economically and socially.
But with the introduction of the New Deal, these reforms were to tackle the nation's problems. The aim of the Deal was to provide relief, recover and reform the whole nation. President Roosevelt believed in tackling the immediate problems that the Depression had brought.
So, the correct answer is the first option.
