Question

In: Economics

what is the impact of The United States history on its politics.

what is the impact of The United States history on its politics.

Solutions

Expert Solution

The growth of the two-party system. Fighting Threats to France and Britain. The first formal transition of Presidential Power. George Washington has called, and worse, "debauched." The encroachment on personal freedoms. Welcome to America's Economic 1790s.
The extraordinary dispute that split American life in the 1790s based on divergent interpretations of the American Revolution's meaning and how to preserve its legacy in the new country. Arguments about that fundamental issue would probably have been contentious in any conditions, but were significantly heightened by the French Revolution's explosive example.

The intense dispute of the 1790s sparked a profound new trend in American politics. Patriots had hoped and even demanded, during the Revolution, that all decent citizens should join them in a cause they saw as the only true force for the public good. Even in the 1790s, most Americans assumed that only one valid role should be taken in political matters. This helps to understand the extreme views of the time that a dramatic rise in newspapers during the decade brought before the public

In 1798 Adams and the Congress of Federalists passed a package of laws that heavily limited American civil liberties. According to their assumption that political rivals were treasonous enemies of good governance, Adams followed Legislative leaders 'lead and intensified domestic repression. Adams sponsored measures which were later generally regarded as unconstitutional. Nevertheless, he was a moderating force in his own party and refused to take advantage of the threat of war as a tactic to manipulate patriotic fervor.

The Depression affected politics by shaking confidence in unfettered capitalism. The form of economic laissez-faire was proposed by President Herbert Hoover, and it had failed. People also voted for Franklin Roosevelt as a result. His Keynesian economics vowed to end the Depression with government spending. Worked for the New Contract. The economy grew by 10.8 per cent in 1934 and unemployment fell.

But FDR was concerned about adding to US $5 trillion in debt. In 1938, he slashed government expenditures, and revived the Depression. Nobody wants to make that mistake any more. Instead, policymakers rely on deficit reduction, tax cuts and other types of aggressive fiscal policy. That's produced a US debt which is incredibly high.

The Depression ended in 1939 when government expenditure for World War II ramped up. That led to the misguided perception that military spending is good for the economy. Yet it is not just one of the four best ways to build work in the real world.


Related Solutions

What is the impact of the Central Bank of the United States, the Fed, is it...
What is the impact of the Central Bank of the United States, the Fed, is it successful?
To what degree did foreign policy issues affect politics and the economy in the United States...
To what degree did foreign policy issues affect politics and the economy in the United States in the late 1960s and 1970s?​
Describe the impact of being an ethnic/racial minority in the United States and what impact that...
Describe the impact of being an ethnic/racial minority in the United States and what impact that has on those individuals when compared with White Americans. Describe key health differences between men and women in terms of illness and mortality.
Briefly describe the history of antitrust policies in the United States. What are the advantages and...
Briefly describe the history of antitrust policies in the United States. What are the advantages and disadvantages of highly concentrated industries? Does market power encourage or discourage innovation? Under what circumstances should the government use its antitrust authority to limit industry concentration and market power?
Briefly describe the history of antitrust policies in the United States. What are the advantages and...
Briefly describe the history of antitrust policies in the United States. What are the advantages and disadvantages of highly concentrated industries? Does market power encourage or discourage innovation? Under what circumstances should the government use its antitrust authority to limit industry concentration and market power?
what is the impact of internal politics on incentives?
what is the impact of internal politics on incentives?
What is nationalism? How does nationalism figure into the history of the United States of America?...
What is nationalism? How does nationalism figure into the history of the United States of America? How is it different from "black nationalism" or "white nationalism." Malcolm X's speech, "We didn't Land on Plymouth Rock": 150+ words please
Define “eugenics” and describe the history of eugenics in the United States.
Define “eugenics” and describe the history of eugenics in the United States.
What is the impact of the united states tax code on the amount of capital held...
What is the impact of the united states tax code on the amount of capital held by insurers?
Discuss the impact of Reconstruction on Womanhood in the United States.
Discuss the impact of Reconstruction on Womanhood in the United States.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT