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.
Workers at the Pullman Palace Car Company, a railroad car builder close to Chicago, went on strike on May 11, 1894, in opposition to their meager pay and 16-hour workdays.
<h3>What led to the 1894 Pullman Strike?</h3>
The lack of democracy in Pullman's politics, the firm's strict paternalistic control over its employees, the high cost of gas and water, and the company's unwillingness to let its employees own homes were a few of the factors that led to the strike. The two of them had not yet united.
Debs believed that organizing a nationwide strike would be the only way to push the Pullman Company into arbitration because the government was acting in the General Managers' Association's favor. However, his efforts were unsuccessful. Midway through July, the boycott ended, and the ARU was defeated.
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Became a policy of <span>nationalism.</span>
Primarily through their impact on demand. Tax cuts boost demand by increasing disposable income and by encouraging businesses to hire and invest more. Tax increases do the reverse. These demand effects can be substantial when the economy is weak but smaller when it is operating near capacity.
Answer: conquered parts of Southern Asia
Explanation:
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