Here is what Hoover did plan to end the depression:
1. Use of volunteerism to create economic solutions at the state and local level (no federal restrictions or use of money)
**indirect relief to those that were jobless
**price stabilization by businesses
2. Create government organizations to facilitate economic help and communicate between labor and corporations.
3. Indirect aid to banks and public works projects (like Hoover Dam)
Ronald Reagan was 69 years 11 months when he became President.
The correct answer is D) Compromise of 1850.
The Compromise of 1850 was a law that would temporarily settle the conflict over whether or not slavery would exist in the new territories gained after the Mexican-American War. The Mexican-American War saw the United States gain control of modern day California, New Mexico, Utah, Arizona etc.
At this time, the issue of slavery and its expansion was a hotly debated topic. This is due to the fact that Congressmen from slave states wanted these new territories to allow slavery. While the Congressmen from free states did not want slavery to expand. This is because expanding the institution of slavery would result in an imbalance of free and slave state representatives in Congress.
Answer:
1. They must establish state-owned businesses.
2. They must establish a fair labour market.
5. They must open up trade to other countries.
Explanation:
The economic system which is combination of traditional, command and market economies is called mixed economy. It suffers from few disadvantages while it has the benefits of all three economies. Protection of private property, allowing the market and law of demand and supply to determine the prices and Being driven by the self interest of individuals. U.S.A, U.K and India are some examples of Mixed economy as in these countries government and the private sector perform economic activities.
So, if a country wants to transition to mixed economy then it must establish state- owned businesses, establish a fair labour market and open trade with other countries.<em> Establishing state owned business and fair labour market is a characteristic of command economy while opening trade with other countries is feature or capitalist economy.</em>
