A tax increase will decrease disposable income
The correct answer is: Many Americans were scared that their bank was going to fail.
According to President Roosevelt, Bank runs were caused by many American who were scared that their bank was going to fail. The people were scared that Roosevelt would abandon the gold standards thus leading the increased bank runs. Citizens lost confidence in the American banking system thus rushed to withdraw their savings before bank runs made their banks bankrupt.
Although there were great physical and financial risks associated with colonization, the rewards in terms o resources and land power were immense, so most nations were willing to try.
Thomas Jefferson's main purpose on writing the Declaration of Independence was to let the world know the reasons why the United States needed to separate from the government of Great Britain. The best way to doing so was to write the list of ways the King violated the human rights of the colonists, which justifies the Revolution and the Declaration of Independence itself.
