When the government increases its spending and/or decreases tax rates, it can shrink the economy.
This may conflict with the federal reserve's goal of lowering inflation.
When government decrease tax while increase its spending, it would risk a deficit in the Government's budget.
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Farmers were probably the hardest hit group of people during the Great Depression. They were already having a tough time from the 1920's because during WWl, they had been making record numbers of crops that were being sent over seas, but once the war ended they ended up with a surplus which dropped the price of wheat and farmers could hardly make a living. Farmers had also bought tractors and farm equipment with an installment plan, which means they buy now and pay later. This caused many farmers to go into debt because once the depression hit they no longer could afford to pay them off. To make matters worse, unsafe farming practices, like not rotating crops, cause the top soil to blow off and huge dust storms, called the Dust Bowl occurred making life miserable for farmers and their families.
Answer: Increased wealth and interest in other cultures
Explanation: The Renaissance started in Florence, Italy; due to a large population of wealthy individuals that were able to have disposable income; they spent that money on art. Since people were beginning to spend large sums of money on art, more people became artists and created new art pieces that fueled their culture. In addition to this, different cultures began to interact more. The Gutenberg printing press, although invented in 1440, still had a part in the continuation of the renaissance as it allowed for texts to be created at a more rapid rate.
Answer:
Approved by Congress on 4 July 1776, the Declaration of American Independence stated that America's 13 colonies were to be “absolved from all allegiance to the British Crown, and that all political connection between them and the State of Great Britain is, and ought to be, totally dissolved”.
Explanation:
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