Answer:
He is known for being the founder and architect of the American financial system.
Answer:
Explanation:
Hitler appointed Hjalmar Schacht as President of the Reichsbank in 1933 and Minister of Economics in 1934. He created a bunch of public works programs which were supported by deficit spending. But then Hjalmar Schacht created a scheme for deficit financing, so capital projects were paid for with the issuance of promissory notes called "Mefo bills" and because "Mefo bills" wasn't Germany's official currency so it didn't show on their federal budget. But then that fell through, and the government basically made banks buy federal bonds so the German government could pay back the "Mefo bills". But Schacht achieved a rapid decline in the unemployment rate, the largest of any country during the Great Depression because of his public works and by 1938, unemployment was basically non-extinct.
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Answer: Historians study the past by interpreting evidence.
Explanation: The historian works by examining primary sources -- texts, artifacts, and other materials from the time period. ... The interpretative writings of historians --books, journal articles, encyclopedia entries -- are considered secondary sources.
Answer:
These two economy's were very similar yet different
Explanation:
church: Most people - kings and commoners alike - belonged to the Roman Catholic faith. Not to believe was considered a certain sentence to Hell. Hell was considered to be a very real place. This gave the Church huge influence, and as bishops were key members of the feudal system, they held valuable land too.
Europe:Feudalism helped protect communities from the violence and warfare that broke out after the fall of Rome and the collapse of strong central government in Western Europe. Feudalism secured Western Europe's society and kept out powerful invaders. Feudalism helped restore trade. Lords repaired bridges and roads.
