Many abolitionists spoke out against slavery citing its
cruelty and its effects on society. Many
former slaves like Frederick Douglas spoke of his experience as a slave and his
eloquent speeches made people realize that Blacks had the potential to do great
things. They also distributed pamphlets
and reading materials on the evils of slavery.
The most successful propaganda that they made was the book Uncle Tom’s
Cabin where it opened the eyes of the public about the cruelties of slavery.
Answer:
B. buying large volumes of treasury securities on the open market.
Explanation:
The main monetary policy tool of the Federal Reserve are open market operations, this consists in the Fed buying and selling of securities in the open market.
If the Fed buys large volumes of securities in the open market, it will print currency to pay for these securities. These money enters the banking system, and form then, the economy as a whole. This larger money supply lowers the interest rates accross the economy, including the interest on mortgages.
Causes of the Great Depression
- Installment purchasing- Many American families bought luxury goods during the 1920's. Since these families could not pay the upfront costs of the goods, they would use installment plans to buy them. This included putting a little money down and paying off the item over several months or years. However, this system failed because many citizens did not realize that this system actually results in the customer paying more over time in comparison to paying the upfront price.
- Stock Market Crash of 1929- When the prices of stocks crashed in October 1929, millions of Americans lost huge amounts of money. This is because many people invested in stocks, believing that they were a great way to make money.
- Dust Bowl- This drought in the Plains region ruined farmers abilities to make crops. Since the farmers struggled to make crops, they struggled to make money and provide a living for their families.
Effects (Consequences) of Great Depression
- Increased unemployment rate.
-Decreased value of stocks.
- Beginning of relying on government to help citizens during tough economic times.
<span>Social Security is the program that provides financial protection for retiring workers !
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I hope this helped
Is true. He build also te very known gardens for his wife
