The correct answer is A) He declared a bank holiday and developed a ranking system for banks.
When President Franklin D. Roosevelt took over, thousands of banks across the US already shut down because they ran out of money. To fix this problem, FDR declared a bank holiday. This means that all banks in the US would be closed for a four day period. During that period, the federal government would go over the records of several different banks to learn more about why they failed. From there, Roosevelt ranked the banks so that the federal government could keep a close eye on the banks that made bad decisions during the 1920's and early 1930's.
Answer:
Thomas Malthus Theory of Population Growth and David Richardo's views on wages both agreed that food production increases as population increases, however, that the increase in population will overwhelm the abundance of food, and thus lead to diminishing returns. Both men believed in the principle of political economy. Both argued that there was a need to control the population in a time of abundance. They believed that if the population is not well managed, the abundance may be misused, and thus, the increased population will bear the brunt of the mismanagement.
The cotton gin changed the textile industry by making cotton far easier to sort, greatly increasing the output of available cotton and therefore causing the price to drop. The cotton gin works by separating the cotton fluff that will be made into fabric from seeds and dirt. Previously, picking these seeds out of cotton took a great deal of time and energy, but the invention of the cotton gin in 1794 sped up the process, allowing farms to produce far more cotton and increasing the amount of cotton available for making clothing.
No
many things could change it science , an invasion of another country etc