What strategies did andrew mellon and herbert hoover use to stimulate economic growth?
The strategies that Andrew Mellon and Herbert Hoover used in the 1920’s in promoting economic growth are the following;
- Herbert Hoover had use the cooperative individualism strategy
- Andrew Mellon used the supply side economy strategy
These are the strategies they use in promoting economy growth.
To stimulate economic growth, Andrew Mellon and Herbert Hoover emphasized individual effort, business-like efficiency in government, and voluntary help from businesses, while advocating for measures like tax cuts. However, due to inadequate recovery, Hoover later initiated government intervention in the economy through the Reconstruction Finance Corporation and the Emergency Relief Act.
Explanation:Andrew Mellon and Herbert Hoover believed in stimulating economic growth through strategies of self-reliance and deregulation of the economy. Andrew Mellon whom served as the Secretary of the Treasury, was a pro-business advocate with immense wealth in banking and aluminum, advocating for the government to be run with business-like efficiency. Similarly, Herbert Hoover's approach focused on the principles of voluntary help from businesses and harder effort from individuals, an American tradition aimed at sustaining the economy. He also advocated for measures like tax cuts to increase American incomes.
However, when the economy did not improve on its own, Hoover saw the need for government intervention. This led to the creation of the Reconstruction Finance Corporation (RFC) and later the Emergency Relief Act. This was a move towards a change in government policy to aid in stimulating economic growth. However, limitations on the projects that could be funded by these programs and the types of workers that could be employed lead to limited effectiveness of these strategies.
Learn more about Economic Growth Strategies here:https://brainly.com/question/34706164
#SPJ11
Who held the most power under the articles of confederation?
What three latin american countries sent the most immigrants to the us?
Which movement pushed the idea that an individual could go beyond themselves and listen to their own conscience, not religion, to learn about the truth of the universe?
A. Shaking
B. Meditation movement
C. The Great Awakening
D. Transcendentalism
How do civics play a role in your personal life?
Which colonies had the strictest slave codes?
Why did the colonists dislike the quartering act of 1765?
The amendment that guarantees the right to trial by a jury of peers is the
Was the constitution of 1857 more liberal or democratic?
What colors are the flags in lupa on july 2 and august 16?
The correct answer is the colors of the flag of Lupa on July 2 and August 16 each year are black, orange, white, and black. This is so because a horse race that is organized in Palio di Siena in those dates.
Palio di Siena is a medieval horse race sponsored by the city of Siena, in the Italian Tuscany. The event has two dates. The first one, on July 2 is called “Palio di Provenzano”. The second one is called “Palio dell Assunta” on August 16. Both festivities are dedicated to the Virgin Mary, known in that Italian region as Madonna of Provenzano. During those events, the colors of the flag of Lupa on July 2 and August 16 each year are black, orange, white, and black.
Who was the man who lived from 460
b.c.â370
b.c. and was among the first to suggest the idea of atoms?
when i was 6 my sister was half my age now that im 70 how old is she????
in reference to the American Revolution, what do these terms have in common?
What was taught at the shop meetings during the shirtwaist strike?
C. The meaning of "solidarity".
The meaning of solidarity was taught during the shirtwaist strike.
The shirtwaist strike occurred in the year 1909. This strike was a labor strike of about 20000 women of Jewish ancestry in New York. These women came together in solidarity to protest against the long hours they had to work for meager pay.
Shop meetings were held in Yiddish and in English language to discuss plans on how to discourage strikebreakers from going off course with the plan.
Read more on https://brainly.com/question/11905161?referrer=searchResults
Which African American was the first black person to get a doctorate from Harvard University?
Answer:
W.E. B. Du Bois
Explanation:
William Edward Burghardt Du Bois became the first African American to get a doctorate from Harvard University in 1895. W.E.B. Du Bois born in Massachusetts on 23 February 1868. He was able to acquire higher education because of living among the Whites in Massachusetts along with supports from his white teachers who believed equality. After completing his education, he became an activist in the early 20th century and wrote several books.
Who took the title The First Emperor?
What facilitated the "islamic green revolution" that increased food production in the islamic world?
As a result of "peterloo," parliament passed the six acts, which included:
What was the significance of the passage of the interstate commerce act (1887) and the sherman antitrust act (1890?
While the Sherman Antitrust Act (1890) sought to foster competition and avoid monopolies, the Interstate Commerce Act (1887) governed railroads.
It regulate railroads and ensure fair rates, prevent discriminatory practices, and promote competition.
It was a response to public outcry over railroad monopolies and unfair practices, such as price gouging and rebates, that harmed farmers and small businesses. The act aimed to create a more equitable transportation system and curb the power of large rail companies.
The Sherman Antitrust Act aimed to combat monopolies and promote competitive markets by making it illegal to restrain trade or commerce. It targeted anti-competitive practices, such as price fixing and market dominance, which were prevalent among large trusts and monopolies.
Both acts were foundational in shaping modern regulatory frameworks and addressing economic abuses in a rapidly industrializing society.
10 POINTS !!!!!
How did the government try to silence opposition to American involvement in World War I?
by the sale of war bonds
by passing the Espionage and Sedition Acts
by refusing to use conscription to build the army
by allowing women and African Americans to serve
Answer:
by passing the Espionage and Sedition Acts
Explanation:
What caused the secession of the south from the union essay?
What supplies did sacagawea help Lewis and Clark acquire in the early 1800s ?
A. Guns
B. Maps
C. Food
D. Horses
The Supplies that Sacagawea helped Lewis and Clark acquire was Food in the early 1800s.
During Clark and Lewis's expedition, Sacagawea was very helpful to them. She was a bilingual woman so her skills as a language translator proved to be of great help to them.
Through her influence, the expeditors received little to no hostilities from natives.
She was very helpful in the aspect of food because she was a food gatherer and she used this skill to get them food.
She dug up food that was buried using sticks.
Read more on https://brainly.com/question/8729125?referrer=searchResults
Answer:
C
Explanation:
Food
What problems did immigrants face in coming to america?
IT WAS HARD TO GET A JOB AND FOR THEM TO GET TAXES OR EVEN TRYING TO VOTE FOR THE NEXT PRESIDENT
The miranda rule
a. was overturned by a supreme court decision.
b. forbids the admission of illegally seized material evidence at trial.
c. cannot be used to prevent confessions from being introduced as evidence.
d. requires that suspects be read their rights before questioning.
e. all of the above are true.
About five thousand years ago, the rains over the Sahara began to decline and grasslands gave way to desert. The population of this region began to migrate east and south. Describe how the landforms and climate of Africa influenced how these people lived as they settled in new areas.
what factors contributed to the watts riot
Spain, France, England, and_____ explored and made claims in the new world
Which side most clearly went on the offensive in the battle of gettysburg?
Did Marbury ever receive his commission and become Justice of the Peace in the District of Columbia?
A. yes
B. no
How was Roman emperor Constantine 1's adoption of Christianity similar to Charle's Martel's victory in the Battle of Tours?
A- Both events made Christianity the official religion of a nation
B-Both events legalized Christianity in areas where it had been illegal
C-Both events were examples of Christianity victory over islamic forces
D-Both events were examples of Christianity's unifying effects in Europe