Answer:
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Explanation:
Answer:
Roosevelt was accused of Bolshevism by his opponents, and many anti-crisis methods were sharply criticized. They criticized the direction of the New Deal against business; many rightly believed that the new policy hampered the restoration of the economic system. Despite all efforts, unemployment continued to increase: if it were not for the increase in salary costs caused by the New Deal, the unemployment rate in the country as of 1940 would be lower by 8 percentage points.
Ordinary citizens were directly affected by the increase in alcohol duties and wage deductions for social security. Roosevelt further increased the tax burden by raising income tax for individuals and legal entities, excise taxes, property taxes and donated property. He introduced undistributed profit tax. All these ‘requisitions’ led to a reduction in the amount of money that entrepreneurs could spend on expanding production and creating new jobs.
Explanation:
1. The concept of credit to pay for goods
2. Increase consumer spending because people think they can afford more
3. Increase company production and wealth as well as improve the quality of life of consumers
4. Depending on too much credit makes large debts that the company loses money and the consumer can’t pay off, interest rates make them lose more
