Question

In: Economics

1. Who does the posted Powerpoint presentation categorize as a "Traditional Conservative" a. Joseph Stalin (former...

1. Who does the posted Powerpoint presentation categorize as a "Traditional Conservative"

a. Joseph Stalin (former leader of the USSR=Soviet Union)

b. Bernie Sanders Senator from Vermont

c. Adolph Hitler(former Dictator)

d. Margret Thatcher( former Prime Minister of the UK)

2.Just before World War I started:

a. The U.S. Stock Market Crashed

b. The U.S. personal income tax was found unconstitutional and ended.

c. The U.S. went off the gold standard

d. The Federal Reserve System (Fed) was created

Solutions

Expert Solution

As we know that, Margret Thatcher was born in 13 October 1925. She was the former UK prime minister. She was a British stateswoman who served as prime minister of the United Kingdom from 1979 to 1990 and leader of the Conservative Party from 1975 to 1990. Margret Thatcher has been categorized as a traditional conservative.Thatcherism comprises the conviction, economic, social and political style of the British Conservative Party.

1).The correct option is (d).

Margret Thatcher ( The former Prime minister of UK).

2). The correct option is (d).

The Federal Reserve System (Fed) was created.

The Fed was created by Congress in 13 December 1913, to provide the nation with a safer, more flexible, and more stable monetary and financial system. The President Woodrow Wilson signed the Federal Reserve Act into law.

The first world war began on 28 July 1914 and it lasts till 11 November 1918.

Hope you got the answer.

Kindly comment for further explanation.

Thanks ?


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