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What was one immediate and one more lasting impact of the Vietnam war on America?
One immediate impact of the Vietnam War on America was widespread public protest and dissent, as many citizens opposed U.S. involvement and questioned government policies. A more lasting impact was the erosion of trust in government institutions, as revelations about the war, including the Pentagon Papers, led to skepticism about official narratives and a call for greater transparency in government. This shift influenced future U.S. foreign policy and domestic politics for decades.
How did New Deal affected the economy of US?
The New Deal, implemented by President Franklin D. Roosevelt in response to the Great Depression, aimed to provide relief, recovery, and reform to the struggling U.S. economy. It introduced a series of programs and policies that helped stabilize the banking system, created jobs through public works projects, and established social safety nets like Social Security. While the New Deal did not fully end the Depression, it significantly reduced unemployment and restored public confidence, laying the groundwork for a more regulated and resilient economic system. Overall, it marked a shift towards greater government involvement in the economy.
What federal powers did world war do during?
World War II significantly expanded federal powers in the United States, as the government took on greater roles in economic regulation, production, and labor. The War Powers Act allowed the president to mobilize resources and manage the economy more centrally, leading to the establishment of agencies like the War Production Board. Additionally, civil liberties were often curtailed for national security, exemplified by the internment of Japanese Americans. This expansion of federal authority laid the groundwork for future government involvement in various aspects of American life.
What was the single greatest effect of the great depression on the US?
The single greatest effect of the Great Depression on the U.S. was the widespread economic hardship it caused, leading to unprecedented levels of unemployment and poverty. By the peak of the depression in 1933, approximately 25% of the workforce was unemployed, crippling families and communities. This economic crisis resulted in significant changes in government policy, including the implementation of the New Deal programs aimed at recovery and reform, which reshaped the role of the federal government in the economy. The societal impacts included a loss of faith in capitalism, leading to greater demand for social safety nets and economic intervention.
What changes did president Roosevelt make once in office what was the new deal and how did it affect American citizens?
Upon taking office in 1933, President Franklin D. Roosevelt implemented the New Deal, a series of programs and reforms aimed at addressing the Great Depression's economic crisis. The New Deal included initiatives like the Civilian Conservation Corps (CCC) and the Social Security Act, which provided jobs, financial assistance, and social safety nets for millions of Americans. These measures aimed to stimulate economic recovery and alleviate poverty, significantly impacting daily life by providing relief to the unemployed and fostering greater government responsibility in economic welfare. Ultimately, the New Deal reshaped the relationship between the American government and its citizens, promoting greater federal involvement in the economy.
What led to widespread calls for greater government involvement in the economy?
The Great Depression
In the early 19th century which group wanted the government to be involved in the American economy?
In the early 19th century, the Democratic-Republicans, led by figures like Thomas Jefferson and James Madison, initially favored limited government involvement in the economy. However, as the century progressed, the emerging industrialists and some factions within the Whig Party began advocating for greater government involvement to support infrastructure development and economic growth. This shift reflected a growing belief in the necessity of government intervention to foster a more robust economic landscape as the nation industrialized.
What has been more benefit to the nation government involvement with business or hands off attitude?
The effectiveness of government involvement versus a hands-off attitude in relation to business often depends on the specific context and industry. Government involvement can help regulate markets, protect consumers, and promote fair competition, which can lead to economic stability and growth. Conversely, a hands-off approach can foster innovation and entrepreneurship by allowing businesses greater freedom. Ultimately, a balanced approach that combines regulation with market freedom tends to yield the best outcomes for a nation's economy.
Opportunity costs of a greater government role in the economy?
no control for the businesses so they have to pay for higher expectations and limitations.
What are some opportunity costs of a greater government role in the economy?
greater role were costly to implement, cutting into profits, slowing growth, and force businesses to charge unnecessary high price
What are some opportunity costs of greater government role in the economy?
greater role were costly to implement, cutting into profits, slowing growth, and force businesses to charge unnecessary high price
Assume that a change in government policy results in greater production of both consumer goods and investment goods?
this economy's ppc is convex to the origin
A form of government in which the people vote firsthand?
A form of government in which the people vote firsthand is known as direct democracy. In this system, citizens participate directly in decision-making processes, rather than electing representatives to make decisions on their behalf. This allows for greater public involvement and can lead to more immediate reflection of the people's will in governance. However, it can be challenging to implement in larger societies due to practical difficulties in facilitating widespread participation.
What president believed in an activist government that was a steward of the public welfare?
President Franklin D. Roosevelt believed in an activist government that served as a steward of public welfare. His New Deal programs during the Great Depression aimed to provide economic relief, recovery, and reform, emphasizing the government's role in addressing social and economic issues. Roosevelt's approach marked a significant shift towards greater federal involvement in the economy and the well-being of citizens.
How did the Wall Street crash of 1929 effect the government?
The Wall Street crash of 1929 led to a significant shift in government policy and intervention in the economy. It exposed the vulnerabilities of the financial system and prompted the federal government to take a more active role in regulating the economy. In response to the economic crisis, the government implemented measures such as the establishment of the Securities and Exchange Commission (SEC) to oversee the stock market and the introduction of social safety nets, ultimately paving the way for the New Deal programs under President Franklin D. Roosevelt. This marked a transition towards greater federal involvement in economic and social welfare issues.
What was one immediate and one more lasting impact of the Vietnam war on America?
One immediate impact of the Vietnam War on America was widespread public protest and dissent, as many citizens opposed U.S. involvement and questioned government policies. A more lasting impact was the erosion of trust in government institutions, as revelations about the war, including the Pentagon Papers, led to skepticism about official narratives and a call for greater transparency in government. This shift influenced future U.S. foreign policy and domestic politics for decades.
What did laissez-faire supporters believe about the role of govrenment in econmic?
Laissez-faire supporters believed that the government should have minimal involvement in the economy, advocating for free markets and individual entrepreneurship. They argued that economic activities should be driven by supply and demand without government intervention, as this would lead to greater efficiency and innovation. This hands-off approach was rooted in the belief that individuals pursuing their own self-interest would ultimately benefit society as a whole.
