<span> Many people went to a travel agency and an agent would make all the arrangements for your tickets, including packages with a place to stay and possible rental car.</span>
Answer: The Tet Offensive.
The Tet Offensive (officially <em>The General Offensive and Uprising of Tet Mau Than 1968</em>) was one of the largest military campaigns of the Vietnam War, launched on January 30, 1968 by forces of the Viet Cong and North Vietnamese People's Army of the Republic of Vietnam against the forces of the South Vietnamese Army of the Republic of Vietnam, the United States Armed Forces, and their allies.
The offensive shocked the U. S. public and had a strong effect on the U. S. government. Americans had thought that the North Vietnamese were being defeated and were incapable of launching such an ambitious attack. Public support for the war significantly decreased, the media became more critical and the U.S. sought negotiations to end the war.
he believed himself to be the first to discover a genuine "science of politics."
The author included the information about 1920 and 1925 because that was the time the U.S economy expanded rapidly, The Roaring Twenties. Until 1925 there wasn’t legal requirement to separate the operations of commercial and investment banks, the investment banking was consisted of <em>JP Morgan & Co, Kuhn, Loeb & Co, Brown Brothers and Kindder, Peabody & Co</em>. Their funds could be used to fund the underwriting business of the investment baking side.
In 1929 everyone was putting their savings into stocks, not only the wealth part but the poor part too and because of that the stock market reached the peak in August 1929. But than the production declined causing unemployment and with that the stock prices were much higher than their actual value. The economy was struggling, the debt was rising and the banks had and excess of large loans that couldn’t be liquidated.
In the 1930s over 9,000 banks failed because people didn’t trusted them to put their saving. The Great Depression the official unemployment rate was 25% and the stock marked declined 75% since 1929. But in 1933 now with Rooselvet’s administration he took immediate action about the economic woes first announcing that all banks would close, Bank Holiday. The Congress would pass reform legislation and reopen the banks. In “<em>first 100 days</em>” Roosevelt’s administration stabilized the industrial and agricultural production and created jobs and also created the Federal Deposit Insurance Corporation (FDIC) to protect depositors’ accounts and the Securities and Exchange Commission (SEC) to regulate the stock market and prevent what happened in 1929.
The big change between the crises in the 20s and 30s were all about who was in charge, President Hebert Hoover didn’t take much lead about the crises but Roosevelt did.
