Yes, the government practiced laissez-faire economics when promoting railroad construction.
- This is because laissez-faire economics is a type of economics that is determined solely by the power of demand and supply without the intervention of the government.
- Laissez-faire economics is considered to be a total or pure capitalism where the only influence is the force of demand and supply.
Since the railroad construction in the United States in the 19th century was built by the private sector or individuals, and the prices of transportation were determined by the market forces,
hence, in this case, the correct answer is "Yes, the government practiced laissez-faire economics when promoting railroad construction."
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Answer:
Several major scandals followed Harding's death, including the Teapot Dome scandal. In his lifetime, Harding was one of the most popular presidents in American history, but the subsequent revelations of his scandals eroded his popularity, as did his several extramarital affairs.
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Answer:
A growing sense of national identity, which leads to the growth of fascism.
Explanation:
Many Latin American governments and economic élites were compelled to make difficult decisions about exchange-rate, monetary, and fiscal policies as a result of the Great Depression. These decisions represented a significant divergence from the model that had been in place in the region for almost a century.
President Franklin Roosevelt’s domestic program, called the New Deal, spurred economic recovery in the United States. These social liberal programs were enacted between the years 1933 and 1938. It was passed during the first presidential term of <span>Franklin Roosevelt. I hope the answer helps you.</span>
Answer:
The Ottoman ruler that added Baghdad to Ottoman territory was Suleiman the Magnificent.
Explanation:
Suleiman the Magnificent was the Sultan of the Ottoman Empire from 1520 to 1566. He was born in Trabzon on what is now Turkey.
After reaching the throne, he undertook a series of military campaigns, extending Ottoman borders to include the Balkans and part of the Holy Roman Empire. In 1522, he seized the island of Rhodes, and in 1526, he defeated the Hungarian king and killed him at the Battle of Mohacs. He besieged the city of Vienna in 1529 and 1532, but without success, and in 1533 made a peace treaty with Archduke Ferdinand.
In the east, he fought against the rulers of the Persian Safafid Empire. He captured the city of Baghdad in 1534. He also seized much territory in North Africa.
