... Herbert Clark Hoover, the 31st president of the United States from 1929 to 1933. Hoover is considered as a very intelligent and successful man, people know from his brilliant mining engineer career, in the same for his successful work in government when he served as a secretary. However, if someone asked “Did hover as a president accomplished anything to save American’s economy during the Great Depression?” Then the argument automatically begins, because Hoover’s incapable of action during the Great Depression was acknowledged by many. Therefore, people asked why these acts signed by Hoover, such an intelligent man were all futile during the great depression? In a manner way to say, its interesting was also shown...
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...Who was Keynes and what were his ideas? John Maynard Keynes, born in 1883, is considered to be one of the most influential economists of the 20th century. He was most prominent during the Great Depression in the 1930s when he tried to create an economical revolution in economic thinking with his ideas of intervention in markets. The idea is also generally; that in the short run productive activity is very much influenced by aggregate demand, (aggregate demand is the total spending in the economy with the equation; Consumption + Investment + Government Expenditure + (Exports - Imports)) and that aggregate demand does not equal the productive capacity of the economy. Keynes believed strongly that Government Intervention would strongly help the economy to succeed and grow. His three main argument points concerning the Government were : The Government has a role to play in moderating the business cycle. Government can use short term monetary policy to engineer the economy. During economic hardship the government should spend to try and 'spur' on economic growth. In the second point I mentioned monetary policy, but what is it? It involves changes in the base rate of interest to influence the growth of aggregate demand, the money supply and price inflation. A short goal would be set for the economy to achieve this by changing the base rate. If the economy is doing well, the government should stop spending money, or spend less, but if the economy is bombing, the government...
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...over the mess created from the residents’ poorly built homes. It is 1933 Oklahoma and people only care about themselves, but not Jimmy and Billy, the 10 year olds watch out for each other no matter what comes their way. The smell of rust and dirt fills their noses, while no green can be seen anywhere. The community is filled with people, who are covered in brown and sadness. “Jimmy, they are calling this the Great Depression, why?” Jimmy replies, “I reckon it’s because of the dust storms and everyone’s attitude.” Billy asks, “Why do we live in this mess?” Jimmy stops their march and replies angrily, “Look out yonder, do you see another place to live?” The poor boy shamefully says “No”. “Then let’s head back to the house, the old man is waiting for us.” The two boys walk into their makeshift house, Billy nervously exclaims, “We’re home Ol’ Greg!” The elderly man responds, “Get in here! You kids need to be workin! Ain’t no army here, ever since the Hoover guy came in with rugged...
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...as currency. No, The gold standard limited central banks from printing money when economies needed central banks to print money, and limited governments from running deficits when economies needed governments to run deficits. It was a devilish device for turning recessions into depressions. The answer is that some people aren't worried about depressions. Some people are worried about inflation. 2. Who was J. Pierpont Morgan? What was his role in stopping the Panic of 1907? John Pierpont "J. P." Morgan (April 17, 1837 – March 31, 1913) was an American financier, banker, philanthropist and art collector who dominated corporate finance and industrial consolidation during his time. In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General Electric. After financing the creation of the Federal Steel Company, he merged in 1901 with the Carnegie Steel Company and several other steel and iron businesses, including Consolidated Steel and Wire Company owned by William Edenborn, to form the United States Steel Corporation. - The Panic of 1907 was a financial crisis that almost crippled the American economy. Major New York banks were on the verge of bankruptcy and there was no mechanism to rescue them until Morgan stepped in personally and took charge, resolving the crisis.[10][11] Treasury Secretary George B. Cortelyou earmarked $35 million of federal money to quell the storm but had no easy way to use it...
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...Infrastructural Deficiency in the United States Matt Bys Western Governors University The Golden Gate Bridge and the Hoover Dam are some of the greatest parts of infrastructure in the United States of America. America would not be as great as it is without these astounding structures. The dams provide safety and bridges provide the public with faster transportation to new areas. America’s once great infrastructure is being taken for granted and deteriorating quickly. Research suggests American infrastructure requires more devotion from the government because the safety of American lives are at risk and the economy would improve from building better infrastructure. According to researcher Walter, America’s infrastructure is crumbling(2013). American infrastructure has been graded by the American Society of Civil Engineers and received a D in 2009. The elderly American infrastructure is putting the nation’s well-being at risk and is getting worse each passing year. The Minneapolis bridge collapse and New Orleans failing levees during hurricane Katrina are just a couple of devastating examples that show the state of American infrastructure(Walter, 2013). The bridge collapse in Minneapolis, Minnesota in 2007 had been designated structurally deficient just like 77,000 other bridges in America(Stawicki, 2007). Minnesota officials had known since 1990 that the bridge was considered structurally deficient. Officials had done patchwork on the bridge since then and did inspections more...
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...What do you think about when you hear The Great Depression? Some might say the worst economic time in the United States of America. The Great Depression was one of the longest and innermost economic downturn in the world of history between the years of 1929 and 1939. Also, The Great Depression led to the Federal Government having a more involved role in America's economy, this was done through the creation of Franklin D. Roosevelt's New Deal Legislation, which turned out to be effective because, he helped the American people find more jobs, he created social security, and many more beneficial acts. On the other hand, The Great Depression had many issues and conditions. For example the concentration of overproduction and the over speculation...
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...Why the Greatest Economic Downfall in the United States Happened The main cause of the Great Depression was the Stock Market crash of 1929, which lost 40 billion dollars. Taxes were very high back then, which led to people not purchasing almost anything.The Great Depression was the longest-lasting and deepest economic downfall due to bank failures and not trading goods with other countries, it was a dismal time in the United States. The Great Depression was a gloomy time for the United States of America caused by many different factors and not just one. One of the major causes of it was the Stock Market crash that happened on October 29, 1929. The stock market started to regain some of their losses, but by 1930 it was not enough and this is when America truly entered...
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...full length dresses, wore no make up and had their hair tied back in buns. * Divorce was very rare and so was sex before marriage. * Women did not smoke or drink in public. * They had to go out with a chaperone (a family member) when they met their boyfriend. How did the First World War change the lives of women? * During the war, women began to work in areas like heavy industry. They proved they could work as well as men. By 1929, there were 10 million women workers; a rise of 24% since 1920. * Working gave women independence and they began smoking and drinking in public. * Women were given the vote in August 1920 but few were chosen to be actual politicians. * Production of consumer goods such as vacuum cleaners and washing machines meant women had more time for leisure activities. * Flappers emerged in the 1920’s = women from middle and upper class families from the Northern States. They cut their hair in short bobs, wore make up, short skirts and bright clothes. They also smoked and drank in public, went to speakeasies, danced the Charleston with men and listened to Jazz and drove cars and motorbikes. * BUT many groups, particularly in rural areas thought the flappers were too outrageous. * Hollywood saw the emergence of female stars such as Mary Pickford and Gloria Swanson who * were female role models. * Advertising was aimed at women for the new consumer goods of the 1920s e.g in 1925 Ford introduced colours...
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...understanding the distribution of seismic and volcanic events. Plate tectonic theory was first suggested by Alfred Wegener in 1912. He believed that a single continent called Pangea existed around 300 million years ago before splitting it began to split because of continental drift, into two continents and continuing to split to form the continents we see today. His theory was supported by both geological and biological evidence, such as the bulge of South America seeming to fit into the indent of West Africa. He believed this suggested that they were once attached and had been separated through continental drift. Later evidence was also found as fossil remains of the reptile mesosaurus were found in both South America and Southern Africa. It is unlikely that the same reptile could have developed in both area or that it could have migrated across the Atlantic especially due to the fact that the reptile was believed to be a poor swimmer. This continental drift leads to seismic and volcanic events and is very important in understanding their distribution. Although Wegeners ideas seemed simple, they were later supported by the discovery of the Mid-Atlantic ridge. This ridge led to the discovery of sea-floor spreading and the understanding that the earths crust is being both destroyed and created, leading us to believe in the existence of plates and plate boundaries. Oceanic ridges are created when two plates diverge and magma rises between them from the asthenosphere, creating...
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...Constitution that abolished slavery. The abolishment of slavery was the final blow to the South during the civil war and was an attempt to secure the future of the nation by making sure that the institution of slavery, which was the ultimate cause of the civil war, could never cause a civil war in the US ever again. This was the first time slavery was mentioned in the Constitution * Fourteenth Amendment * The amendment to the US Constitution during the reconstruction period that promised civil rights to everyone, including persons of color. This amendment elevated former slaves to the same status as everyone else. * Fifteenth Amendment * An amendment to the US Constitution during the reconstruction period that prohibited states from denying men the right to vote on the grounds of race or color. This amendment allowed black men to vote in the United States. * Henry Ford * Inventor of the Model-T car during the industrial revolution. Changed American culture * Scientific Management * Also known as Taylorism, a new method of assembly line production, making factories more efficient during the American Industrial Revolution, designed by Frederick Taylor. The first person to use this method was Henry Ford for the Model-T car. * Thomas Edison * The inventor of the light bulb. This changed the life of many Americans, as it eventually led to the rise of nightlife, since there was a new way to keep things lit in the dark. * Luna Park...
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...Co-Cultures in a Multicultural Society Paper The movie Fools Rush In is a great example of how gender as well as cultural differences can hinder communication in a multicultural society. Fools Rush In is about two people, Alex and Isabel, who come from two different cultural backgrounds who after a one night stand become pregnant and decide to get married. However, along with the marriage come compromises that include cultural traditions and personal sacrifices. The movie is a comedy but can also be viewed as romantic and shows how two people who love each other can resolve the issues of cultural and gender differences. Male and female differ in their use of communication because their reasons for communicating are different. Men generally communicate to transmit information and solve specific problems, while women usually use communication to express feelings and achieve emotional intimacy (Dunn, 2009). Women use nonverbal communication more than men, because they feel a closer connection to the opposite sex when communicating. Research has shown girls display more nurturance communication behavior than boys and this would account for a higher sensitivity to nonverbal cues (Dunn, 2009). Women can pick up on any nonverbal cue that is given and know if the person is being genuine or if a person is upset, men on the other hand have a hard time picking up on these cues. This can be seen in the movie where Alex does not understand how Isabel truly feels by her nonverbal cues...
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...Hall History Spurgeon 31 March 2006 President Roosevelt and the New Deal The Great Depression was one of the greatest collapses in American social and cultural life. The complacency of the flourishing “Roaring Twenties” led to the Stock Market Crash, and the American Dream was rudely shattered. Those who had previously prided themselves on the ability to provide security for their families were now faced with the harsh reality of poverty. As faith in capitalism soon evaporated, Americans began to look to the government for salvation. Hoover was blamed for his lack of intervention after the collapse of the economy, but just when things were looking their worst, things changed. A new man was elected President. His name was Franklin Delano Roosevelt, and he is recognized as the President who saved the country from ultimate atrophy. True, it was World War I that really ended the Depression, but had it not been for Roosevelt and the adoption of the New Deal, the economic slump of the depression may never have ended. Roosevelt entered office with no plan to deal with the depression. He was willing to try anything and the New Deal became the likely path. It was very experimental and very risky. President Roosevelt promised immediate action to end the Depression, and he kept his promises. The day after his inauguration, he called a special session for Congress. It was here that he declared a national Bank Holiday, where all banks in the U.S. were forced to shut down...
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...United States History 2 Final Review Guide Part I: Multiple Choice Chapter 20 ● Results of the Treaty of Versailles: - The Treaty of Versailles was signed after WWI in the palace of Versailles on June 28, 1919. Its goals were to "clean up the mess" after the war. The Treaty reestablished many boundaries and borders. Colonies, namely Germany's, were split among the Allied nations. Germany was disarmed since they were considered to be a threat by the rest of the world. Germany was also forced to take full responsibility for WWI, and were charged billions of dollars, which destroyed their economy. In the long run, the Treaty did more harm than good. Due to all the problems the Treaty caused for Germany, the country was left in a bad mood and was definitely looking at the rest of the world with a vengeful eye. In a way, it could be said that the Treaty of Versailles indirectly led to WWII. ● Explain the policy of Imperialism: - Simply put, imperialism is the quest for colonial empires. Countries go to other places in the world and claim them as their own. Countries imperialized for many reasons. Some countries wanted to establish military bases. An example of this is Hawaii, which the United States took over and used as a naval base. Other reasons countries imperialized were to gain global prestige, as well as to expand their territory. ● President Wilson's rules for peace after WWI: - After the war, President Woodrow Wilson sought to repair...
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...faced social, economic and political changes, which were felt both the negatively and the positively. First and foremost, it goes without saying that the population was increased since there were immigrants who were coming into the country with new ideas and new experiences. Therefore, the society was very vibrant. On the negative, there was a significant effect of othering that caused a rift between the immigrants and the local population; therefore, there were many differences. The economy of...
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...causing major damage to the environment. There are even more problems with the people who have to live near these energy plants or breathe in the harmful air which can cause heart problems, cancer and sometimes even death. America has always been the master cranium when it came to making innovative ideas that the world would soon follow. Now, it may be time for America to learn a few facts from other countries on how to incorporate a better way to power up this nation. What are we waiting on, this is America. Natural Power is an independent renewable energy that uses the power from the sun, wind, water or anything in nature to produce power and energy. The research to begin using this natural form of energy was originally created over concerns of how years of pollution was leading to an environmental decline. In the 1800’s, Charles Fritz and Lester Pelton were the first scientists who found hydroelectric power and solar power and believed it could change...
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