Answer:
Explanation:
Herbert Hoover was under the impression that the stock market crash of 1929 was a simple market correction, that it would go away if everybody just acted like everything was normal, and that markets simply do these things from time to time. Billboards circa 1930 with the blurb "Wasn't the depression terrible?" kind of summed up his tone-deaf approach to massive unemployment and runs on banks. He honestly believed that government intervention was not the answer.
By the time Roosevelt took office in 1933, he understood that no quick solutions were to be had. He did start a lot of public works projects, like the Works Projects Administration (which gave a lot of people short-term employment teaching, painting post office murals, and cleaning up public lands) and the Tennessee Valley Authority (which put a lot of broke farmers to work putting a utilities infrastructure in place in parts of the South, putting the pieces of a post-agricultural economy in place).
He also instituted several "bank holidays" to discourage panic-driven depositors from taking all their money out of their banks. Austerity became the new normal in America and stayed that way until the US entered World War II.
Answer:
a
Explanation:
Sun Yixian is the person who became the first president of China's new republic, and saw an end to the 2000 year old system of dynasties.
Answer:
False. By 1965 more African Americans did not have professional and managerial jobs than whites.
Explanation:
African Americans were still deemed low. They were a major target just because of the way their skin color was. Having white family background meant that you were born with certain benefits.
African Americans even if given jobs had to work really hard to climb the ladder up for success. They could not afford to pay for colleges or good living standards.
Answer:
The country is adopting a democracy against many warring parties.
Explanation:
This is the statement that best describes the problems that the Democratic Republic of the Congo has faced since Seko's toppling in 1997.
Following this political development, the DRC became a republic, transitioning from a civil war to a semi-presidential system. The nation drafted a Constitution in 2005, and held elections in 2006. However, the transition has not been smooth. Many political, cultural and religious groups oppose the transition. Many disagree with the ideas of democracy, while others want to take power for themselves. This has led to a difficult democratization process in the nation.
access to a larger market
This is a benefit of economic globalization since it will open up a wide range of national, regional, and a lot of other markets in which resources, goods, and services as well as information are free-flowing. Every market will therefore have access to the products of various other markets in the whole world.
loss of jobs in developed countries
Economic globalization has led to an improvement in the developing countries. Unfortunately, this had a negative effect on the jobs already available in the developed countries since the decrease of poverty in other developing countries would cause some immigrants to leave their jobs in the developed countries to go back to their homelands, where significant improvement is already seen.
This is therefore a cost of economic globalization.
depletion of natural resources
Economic globalization would encourage markets to produce a lot more compared to the usual situation since they can export their resources to other markets in various places of the world. This would then lead to some markets specializing based on what they have, causing them to utilize their natural resources more frequently.
Depletion of natural resources is therefore a cost of economic globalization.
increase in production of goods
Because of the free-flowing marketplace of goods and services brought by economic globalization, most markets would see a significant increase in the demand of their products. This will lead them to increase their production to meet that demand. Since they can freely export these goods, increasing the production would yield them more profit than usual, thus this will be a benefit of economic globalization.
