Answer:
Mr. President, considering the fact that the welfare of the citizens is the government's primary responsibility and a huge financial breakdown such as the one the citizens have just experienced can have a devastating effect on the economy and impact negatively on your leadership, don't you think the poor affected citizens deserve some intervention from the government?
Explanation:
From the excerpt, it is clear that the financial crash in the United States Stock market was caused by the greed of investors. However, there were still some hardworking citizens who merely saved their hard-earned monies in the banks, but lost them when the banks closed up. Definitely, they deserved some help from the government.
President Hoover's belief that it was not the function of the government to regulate businesses was flawed as it would be wrong for the government to simply sit by and watch the economy crash.
Me too, how’re you doing?
It would be the term "monopoly" that describes a situation where one company controls all the means of production of a product and can set its own price--these are outlawed in the United States.
I believe that the answer is b
