Answer:
The effect of President Roosevelt's attempt to balance the federal budget was the economic recession of 1937.
Explanation:
In 1937, the government of the Democrat Franklin D. Roosevelt considered that, after 4 years of effort, the government should reduce its fiscal deficit and balance its accounts in order to avoid a progressive emptying of the public coffers. Roosevelt, who had won in the 1933 elections and had imposed the New Deal, greatly increasing public spending in line with Keynesian theory, decided it was time for the government to start pulling out of the economy. Thus, he decided to cut expenses (closing New Deal programs) and raise taxes, in order to balance the fiscal deficit.
The problem was that, as a consequence of the Great Depression and the correct application of the New Deal, the American economy was too weak not to have the support of the federal state. In other words, the American economy depended heavily on New Deal programs, and it had a degree of fiscal effort that was too great to raise taxes. Thus, with the taking of these measures, the American economy began to fall, entering in a recession.
True
Because the sultan’s alliance with the kaiser had gone horribly wrong. British forces held the capital Istanbul; most of the territories had fallen and Greek troops were ravaging the west of Turkey
The Mexican American War heightened tensions over slavery in that there were many disagreements over whether the new territories won from Mexico should be free or slave territories. The Wilmot Proviso, created to solve the problem, ended up slitting parties on regional areas.
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Answer:
Explanation:
Tariffs increase the prices of imported goods. Because of this, domestic producers are not forced to reduce their prices from increased competition, and domestic consumers are left paying higher prices as a result
Answer:
I just hate school in point lol we r nothing but a floating rock in a dangerous black space nothing matters we will die I wanna use my time before everything is gone
Explanation:
