A. Herbert Hoover was a president during the early years of the Great Depression.
d. Hooverville was the nickname of the shanty town.
The answer you are looking for would be D. Hope this helps!
Real business cycle theory best in this regard.
Explanation:
Among the other options, option first explains and put pressure on the role of technology in causing economic fluctuations. The new price or change in price affects the total cost of the product and so on the supply and demand. Because almost all firms use oil in one form or another, oil price changes function like technology changes.
The increase in aggregate cost decreases the productivity of the firms. The demand went down which affected the circulation of money in the market and leads to the recession.
Italy finally had its independence last April 11. 1861 after the Third Italian War with the Austrian Empire. The Austrian-Italian Treaty was the formal confirmation of Italy's territory.
This event received recognition by the United States.
I hope this answered your given question.
