Answer: Keynesian economists stated that the recession of 1937 was a result of a premature effort to curb government spending and balance the budget. Roosevelt had been cautious not to run large deficits. In 1937 he actually achieved a balanced budget. Therefore, he did not fully utilize deficit spending.
Answer:The Battle of Gonzales was the first military engagement of the Texas Revolution. It was fought near Gonzales, Texas, on October 2, 1835, between rebellious Texian settlers and a detachment of Mexican army soldiers.
In 1831, Mexican authorities lent the settlers of Gonzales a small cannon to help protect them from frequent Comanche raids. Over the next four years, the political situation in Mexico deteriorated, and in 1835 several states revolted. As the unrest spread, Colonel Domingo de Ugartechea, the commander of all Mexican troops in Texas, felt it unwise to leave the residents of Gonzales with a weapon and requested the return of the cannon.
When the initial request was refused, Ugartechea sent 100 dragoons to retrieve the cannon. The soldiers neared Gonzales on September 29, but the colonists used a variety of excuses to keep them from the town, while secretly sending messengers to request assistance from nearby communities. Within two days, up to 140 Texians gathered in Gonzales, all determined not to give up the cannon. On October 1, settlers voted to initiate a fight. Mexican soldiers opened fire as Texians approached their camp in the early hours of October 2. After several hours of desultory firing, the Mexican soldiers withdrew.[1]
Although the skirmish had little military significance, it marked a clear break between the colonists and the Mexican government and is considered to have been the start of the Texas Revolution. News of the skirmish spread throughout the United States, where it was often referred to as the "Lexington of Texas". The cannon's fate is disputed. It may have been buried and rediscovered in 1936, or it may have been seized by Mexican troops after the Battle of the Alamo.
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the conflict heralded the rise of conscription, mass propaganda, the national security state and the FBI. It accelerated income tax and urbanisation and helped make America the pre-eminent economic and military power in the world. The influence and expectations of women and their role in society increased. There was a boom in the economy and industries were enjoying an increase in profits. However inflation was high and, in an attempt to reduce operating costs, businesses laid off workers and reduced wages.
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