1. Federal government regulations favored Southern exports.
<span>2. New inventions led to an increase in cotton production. </span>
<span>3. Most early textile mills were built in the South. </span>
<span>4. The federal government encouraged the importation of enslaved persons
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I believe its the 1st and 3rd one hope this helps
Answer:
Explanation:
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The correct answer is B.
Milton Friedman (1912 - 2006) was an economist who received the 1976 Nobel Prize in Economics for his studies in consumption analysis, monetary history and complex theories related to stabilization, including goverment intervention policies.
Presidents such as Hoover or Coolidge, who had governed in the decade before the Great Depression, supported laisez-faire economic measures, that consisted on free functioning of the markets with minimum goverment interventionism. Markets alone, would produce the most efficent outcomes, according to his viewpoint. Therefore, the policies introduced by these governments, involved minimum government regulation of the economic activity by the goverment.
<u>This is why Friedman, such as many others, claimed for alternative policies which involved goverment intervention for stabilization purpouses, using the mechanisms of the fiscal policy.</u> Subsequent goverments did apply such measures, being the best example the New Deal, based on Keynesian economics and implemented by President Roosevelt. The New Deal aimed to create job positions for the large unemployed sectors of the US population, by increasing public expenditure (one of the variables of the fiscal policy) in public works and hence, creating employment to undertake those works.
The answer to the question stated above is <span>fewer regulations and lower taxes
Fewer regulations and lower taxes helped manufacturers keep up with consumers in the 1920s.
The government helped in this by keeping taxes as low as possible. They also followed the policy of laissez faire, whereby the government interfered as little as possible in the running of the economy. hope i helped
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