History of the Americas Questions
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Families prosperity seemed uncertain. They had to become producers instead of consumers by taking matters into their own hands. Males broke away from their families because they felt humiliated being unemployed. Marriages and births decreased
Voluntary cooperation. He wanted to gain public trust in the economy again. He wanted businesses to stop laying off workers and continue producing. He wanted people to fight for more money and a better working schedule
Poverty increased and not many people could afford the luxury being produced
Faster and less costly justice, and have experience with modern facts and circumstances under which average men have to live and work
Workers were replaced with machines which led to a loss of jobs. Wages were kept low and the money was used for expansion of businesses which led to more money in the hands of the rich
The nations money fell which led to less purchasing power which led to deflation which led to manufacturers reducing prices and laying off workers
This shows the effect of the government raising interest rates. It also shows that people borrow less money and save the money that they have. Since they're putting less money into goods and services the GDP decresed
Causes include farmer income dropping, farmers losing land, drought, and heat. Effects include dust storms, livestock death, injury and death, overproduction, drop in farm prices, farmers leaving
He created programs that would help create jobs and make better investments to create harder workers.
When a judge or justice of a court does not retire for pension by age 70 a new member can be appointed by the president after the senate approves it. Up to 15 can be appointed
There's a steady decrease in the price of goods and services, which means that unemployed Americans can't buy goods and services at any price
There wasn't enough money to fund federal public works programs after such a disaster
He thought it would make workers lazy and won't work for the money. This demonstrates his philosophy of rugged individualism
European nations found it hard to borrow money from the US and high tariffs made it difficult for them to sell their goods in American markets
They were intimidated to return back to Mexico because they were believed to be taking jobs away from Americans
They went to businesses and state worker business programs because he thought money would trickle down into the social classes
It is a measure of the average change over time in the prices paid by consumers for goods and services. It indicates the cost of living for the consumer
People couldn't buy staples because of the debts and other items that they coudln't afford
An organization will make a risky investment in the hopes of making quick profit. Speculators sold land to each other for higher and higher prices. Due to scams and fraud no buyers brought the land so there was a crash. Landowners can't sell their land and can't repay loans they used to buy their property.
Less goods and services being produced in economy because of lower demand for goods and services