Answer:
$32 billion
Explanation:
Rockoff estimates the total cost of World War I to the United States at approximately $32 billion, or 52 percent of gross national product at the time.
Answer:
Hoover took a hands-off approach, and Roosevelt did the opposite.
Explanation:
Herbert Hoover was under the impression that the stock market crash of 1929 was a simple market correction, that it would go away if everybody just acted like everything was normal, and that markets simply do these things from time to time. By the time Roosevelt took office in 1933, he understood that no quick solutions were to be had. He did start a lot of public works projects, like the Works Projects Administration (which gave a lot of people short-term employment teaching, painting post office murals, and cleaning up public lands) and the Tennessee Valley Authority (which put a lot of broke farmers to work putting a utilities infrastructure in place in parts of the South, putting the pieces of a post-agricultural economy in place).
He also instituted several "bank holidays" to discourage panic-driven depositors from taking all their money out of their banks. Austerity became the new normal in America and stayed that way until the US entered World War II.
Answer:
Explanation:
Roosevelt was not an isolationist at heart. But WWI was still fresh in the minds of the general public. Many families had lost relatives which up until WWII was the most devastating war the world had seen. Many Americans didn't want to get involved in Europe's politics and problems. A marvelous movie has been made about this called <em>The Americanization of Emily</em> staring a very young Julie Andrews (who does not sing a note) and a very handsome earthy James Garner. It captures beautifully how Americans felt about getting involved in other people's wars.
Roosevelt himself wanted to help Great Britain, but the problems with domestic worries in the United States forced him to hesitate. He needed something to motivate the public into getting into a war they did not want.
Japan provided him with Pearl Harbor. The American Public was moved into action. Some of the Japanese knew it, including the architect of the attack on Pearl Harbor (Admiral Yamamoto who famously said "All we have accomplished was to awaken a sleeping giant.")
So began the bloodiest war the planet has ever seen.
I'm sorry this is so long, but you cannot talk about the transition period of WWII without knowing how people felt.
Answer:
The Vidya Mandir Scheme (VMS) was introduced in the Central Provinces to provide basic education in small villages. From the very beginning there was outright opposition to the name of the scheme on provincial and on the all India level including objections raised within Congress ranks itself.Explanation:
