History, 18.07.2019 10:50, wbrandi118

Compare the key elements of the great depression to the recent recession, often called the great recession. you may conduct a brief web search to identify facts to support your comparison.

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answered: debo77

The fundamental driver of the two emergencies lies in activities of the central government. On account of the Great Depression in the wake of keeping loan costs falsely low in the 1920s, brought financing costs up in 1929 to end the subsequent blast. That helped interfere with speculation. Additionally, President Hoover marked into law the out of this world Smoot-Hawley Tariff, which smothered exchange and harmed American fares all through the 1930s. At last, the President marked a huge expense increment into law in 1932, which stopped business enterprise.

The seeds of the Great Recession were planted when the administration in the 1990s started pushing homeownership, notwithstanding for uncreditworthy individuals, with a retaliation. Home loan sponsored securities based on questionable home loan credits moved toward becoming "poisonous" when the lodging market took a downturn, and numerous American banks skirted on crumble. The administration's earnest wants to salvage different banks and organizations made vulnerability and unsteadiness, and this may have broadened the retreat.

answered: Guest

the articles of confederation only set up the continental congress at the federal level. there were no executive or judicial branches except within the states. the states were allowed to keep every right that was not specifically given to congress. the bonding of the states was through a 'firm league of friendship' that best served as a defense agreement against invasion. states were not allowed to use taxes as a way to discourage treaties, and states were extremely limited in their dealings with foreign nations.

not many historians today talk about the strengths of the articles of confederation, likely because of how unpopular the document quickly became. the articles did set the legislative body, congress, as the highest power in the nation because of the fear of monarchy. congress had the sole power to declare war, assign treaties, entertain foreign relations, and operate post offices. disputes between states and territorial issues were to be brought to congress. the document also stipulated that canada was allowed to enter the union if they desired.

there were more weaknesses than strengths under the articles of confederation. the lack of power given to the continental congress strangled the federal government. the articles gave congress the power to pass laws but no power to enforce those laws. if a state did not support a federal law, that state could simply ignore it. congress had no power to levy taxes or regulate trade. without a federal court system or executive leader, there would be no way to enforce these laws, either. amending the articles of confederation would also require a unanimous decision, which would be extremely difficult.

answered: Guest

answer; ///(1) blank; henry clay; (2) blank; secretary of state; (c)is your answer; ///good luck

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Compare the key elements of the great depression to the recent recession, often called the great rec...