It is the excessive use of credit. The shares trading system crash of 1929 touched off a chain of occasions that dove the United States into its longest, most profound monetary emergency in its history. It is awfully shortsighted to see money markets crash as the single reason for the Great Depression. A solid economy can recuperate from such a compression.
Answer:
Americans, beginning the 19th century, had an idea of "Manifest Destiny" in which they thought they were destined to expand the US to the west coast
The California territory is located near the sea. Acquiring this territory would provide America with:
- safe military defense bordered by the sea
- enough space to built ports so we can make a trading relationship with other countries
There multiple examples in which a growing power in the lower or middle class was a cause for concern and reform. The two most notable examples where the growing power was a major cause of revolt however, was the American and French Revolution.
The American Revolution has its roots within the French and Indian war (or Seven Year's war), which was a global conflict between France and England. The conflict existed on the frontier of the British colonies in America, and after the British won the war they began to heavily tax the colonists whom they spent resources to protect. By this time, there was already a growing middle class from New England through down to the southern colonies. These new taxation were done without consent nor representation for the colonists which greatly angered them as the taxes were already immensely expensive on daily items such as tea and stamps. The enlightenment thought was also influential, as new schools of thought challenged the position of the individual to the state and monarchy. Eventually, sentiment grew and the colonists fought for their freedom from heavy taxation and monarchy, winning it in 1783.
Similarly, the French revolution saw its beginnings in similar fashion to that of the American revolution. France just fought two major conflicts (French and Indian war, as well as siding with the colonists in the American Revolution). Economic hardships was heavily burdensome to the French lower and middle class who were constantly outvoted by the clergy and nobility in the French court, both who did not face as strong hardships as the middle and lower class. The french nobility and royalty grew strongly out of the touch with the middle class majority. Enlightened thought eventually lead the French middle class to revolt and ignite the French Revolution in challenge to the position of
Answer:
Weren't we all
Explanation:
To be honest I think everyone was... not because of the virus, but because of the mask wearing :)
Answer:
Again, just as the largest measure of responsibility in the government of the nation rests upon local self-government so does the largest measure of social responsibility in our country rest upon the individual.
Our system, based upon the ideals of individual initiative and of equality of opportunity, is not an artificial thing. Rather it is the outgrowth of experience of America, and expresses the faith and spirit of our people.
Explanation:
"Rugged individualism" is the term that defends the idea that citizens should be responsible for their own success and for the harmony and comfort of the region in which they live, and the State should not interfere, or interfere very little in what is related to that responsibility.
In short, the term removes government responsibility for the welfare and success of the individuals it governs. This term was widely used by President Herbert Hoover and can be seen in the two sentences shown above.
