<u>These two quotes pronounced by President Herbert Hoover, express his viewpoint on the Great Depression</u> and his opinion about the different formulas adopted to overcome it:
- <em>"Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs.
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- <em>"You cannot extend the mastery of government over the daily life of a people without somewhere making it master of people's souls and thoughts.… Every step in that direction poisons the very roots of liberalism. It poisons political equality, free speech, free press, and equality of opportunity. It is the road not to more liberty but to less liberty."</em>
Hoover became one of the main detractors of Roosevelt's New Deal which, based on Keynesian economics, fostered goverment interventionism in order to boost the depressed demand levels as the mechanism to create employment and economic growth. Such interventionism was materialized by increasing public spending.
In opposition, supporters of free markets and<em> laisez-faire</em> economic policies, such as Hoover, criticized this recovery plan because they believed that markets on their own would reach the most efficient outcomes and that the country would get innecessarily indebted. Moreover, they believed that the situation would be worsened by interventionist policies that hampered certain individual liberties.
The person who had a greater impact on industrial development in the U.S., was <u>Samuel Slater</u> <em>(Who was born in England in June 9, 1768 and died in April 21, 1835)</em>, because He was a pioneer in the American Industrial Development that took the British textile technology and the machinery designs and brought them to the United States, and with that industrial system and the machines, he created the first textile factories of North america, and began a business in that industry with his sons. <u>And thanks to that, it was generated an increase and an enhance in the U.S. industrial development, which caused that U.S became in one of the most industrialized nation.</u> So for that reason, <u>Samuel Slater was known as the "Father of the American Factory System".</u>
But by other side, although Eli Whitney contributed to the U.S. Industrial Revolution with the invention of the cotton gin, however, he wasn't founded the pillars of the Industrial Development of the U.S., as Samuel Slater did it.
So, according to the previous, <u>the right answer is Samuel Slater.</u>
thats the year the war started
Answer:
C
Explanation:
the Aztec people had been outnumbered by the spanish, who brought diseases that wittled down the aztec population
