Hoover thought that trickle down economics would be the solution. Trickle down economics is the concept that the rich will spend their money at businesses in the U.S. which will "trickle down" and put money in the paychecks of the workers. ... This system was largely unsuccessful because the rich did not spend their money in businesses that helped the average citizens because the weren't required to. ... He felt it was the duty of the government to protect and help revive the economy. ... Although not everyone agreed with Roosevelt's style of government, most did and he was largely p...

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• Approx Pages: 3

It should have been a landslide victory for the British, but the Continental Army dug deep to boost their moral and with the help of the French we defeated the British and since have had a long list of victories in war. ... The muckrakers were mainly journalists and writers, but also artists and photographers, who helped bring reform issues to the public. ... World history has been developed from many determining factors, personally the most important to me are people and economics. ... It was weak because: Farming had been depressed throughout the 1920's with a worldwide drop in...

• Word Count: 1215
• Approx Pages: 5
• Has Bibliography
• Grade Level: High School

This was an example of scarcity economics where overproduction was eliminated to increase profit. ... The National Recovery Administration set up by the National Industrial Recovery Act helped set up fair competition between industries to limit monopolies and guaranteed workers the right to join unions. ... This was also based on scarcity economics. ... It made people more eager to work and helped them get started with their new lives. ... The New Deal set up many social reforms, set up governmental control of the economy and helped many Americans. ...

• Word Count: 929
• Approx Pages: 4
• Grade Level: High School

John Stuart Mill and John Maynard Keynes were two economists whose economic theories greatly influenced and helped Franklin D. ... First Roosevelt tried to help the economy with the National Recovery Administration. ... John Stuart Mill, who began studying economics at age 13, was one of the most influential political thinkers of the mid-Victorian period. ... For many years he was an active voice in economics. ... These jobs would provide people with money to spend on products. ...

• Word Count: 979
• Approx Pages: 4
• Grade Level: High School

The 1930's started out with millions left jobless and homeless. ... When FDR was elected in 1932 he began his presidency with the promis of setting up the "New Deal" which called for broad public work programs that thoughruly revived the heartbeat of the economy. ... Silent movies were very popular at this time, along with radios. Document 1 shows a chart of households with radios, in 1920 20,000 people owned one, by 1930 13,750,000 households had a radio. ... Brought the idea of "laisses-faire" economics to U.S., which is "hands off businesses" or no government help. ...

• Word Count: 516
• Approx Pages: 2
• Grade Level: High School

Eventually the consumers couldn't keep up with the mass overproduction, so they started purchasing goods on credit. ... The poor distribution of wealth was such that wagers could not keep up with the market. ... Roosevelt wanted a government headed more towards "Keynesian" economics. ... Although this act was very successful, it too was deemed unconstitutional, because since large businesses dominated the industries, they created the codes that were intended to help the workers to their own advantage. ...

• Word Count: 1194
• Approx Pages: 5
• Grade Level: High School