Samuel Slater built the first Cotton-Spring mill.
Answer:Expansionary fiscal policy is used by the government when attempting to balance out the contraction phase of the business cycle (especially when in or on the brink of a recession), and uses methods like cutting taxes or increasing government spending on things like public works in an attempt to stimulate economic
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The Creoles wanted independence from Spain due to several factors: (1) second class citizen status, (2) Bourbon rule, and (3) the takeover by Napoleon...
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Renaissance gave importance to the human and his rationality, while Middle Age art was more allegorical and linked to the divine world and its possibilities towards humanity. Middle Age art was also often concerned to represent heavenly and apocalyptic sceneries. The Renaissance celebrated man's intelligence to build and construct and to be the cause for a possibly good life.
Tax Reductions Lead to Economic Growth in the 1920s
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<u>Explanation:
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In the 1920s, the citizens of the US and business people continued to pay a lot of tax and this disheartened investors from launching new enterprises while existing businesses struggled not to shut down.
It prompted the Government to seek a way to overcome the problem and eventually managed to reduce the taxes collected by the government in order to minimize the tax liability on US residents. Tax cuts have led to economic growth.
Tax breaks in 1920s Increased federal wages and economic development. The Bush admin also indicated that the progressive income tax cuts which were introduced in 2001 should be implemented fully this year. Increases in federal income tax rates have affected the behaviour of individuals and companies.
