The problem with the Great Depression of 1929 and the subsequent years
was that actually government did nothing to intervene. President Herbert
Hoover believed that government should interfere and that the market
will balance itself out. That is one of the reasons that President
Roosevelt won with a landslide with his promise of the New Deal.
In
2008 the government took a much active role in combating the Great
Recession. For example, the government even bailed out some banks that
were in trouble as well as provided emergency help. They also proposed
and passed many laws that would help prevent this kind of situation in
the future.
The stock market went downhill that resulted to bankruptcy
People were fired because the companies didn´t make enough profit to distribute it to workers
People lost their homes so they had to be homeless or go to a homeless shelter.
The answer is C. Is the assertion that consumer preferences determine the production of goods and services. Same answer.
Answer:
since slavery was over, the southerns were angry. they would threaten and sometimes even kill them. black people could still work for them, but they would have to be paid. even white people would work
Explanation:
