Washington led the revolutionary war which began the birth of a new nation which goes under foreign policy, helped with the constitution that had much to do with equal rights, and dealt with the whiskey rebellion. Also Washington set the standards for all of the other presidents which was very important. The 3rd best president based off my criteria is Teddy Roosevelt. Teddy built the Panama Canal, built up the navy,
Labor Union strikes were the most prominent form of worker insurrection against employers. During the period of 1875-1900, many labor unions participated in strikes, however many of them failed to achieve their goals. The biggest reason that farmers and workers went on strike was clearly stated by a machinist before the Senate Committee on Labor and Capital. Because machines were taking jobs away, workers would lose their livelihood, and most likely their only source of income. In the year of 1877, employees working for the four largest railroads went on strike due to the fact that their employers cut their wages by 10 percent; this was known as the Great Rail Road Strike.
Farming and rural areas suffered as crop prices fell by approximately 60%. There were many causes of the Great Depression, ranging from poor spending and over production to banks failing and the stock market crashing. Paragraph 2: Due to the Roaring 20’s, people were overconfident due to the information given by bad leaders, which led to poor spending. Doc A+B: According to the business cycle, there was going to be a 5 year growth for everyone in the US. -They would all become rich and poverty would just go away (Words of President Calvin Coolidge) Doc C: John T. Raskob, a well-known economist, told people to buy more stocks and in invest in banks and you’ll become a millionaire.
The collapse of the housing market and unemployment caused the most damage. Between 1991 to 1992 unemployment had gone back up to 2.6 million. Negative equity meant home owner were paying mortgages far higher than their homes were worth. Many people could simply not keep up with the increased prices and resulted in them losing their homes due to the bank repossessing them. The recession hit close to home for the Tories, effecting the middle class not just the working class of the industrial north.
This means that the prices for stock were too high, far higher than they were really worth, then they fell drastically. People who had borrowed money to buy high-priced stocks (intending to sell the stocks at a profit and repay lenders), went bankrupt. That’s further expounding on what I said about buying on margin. Black Tuesday also marks the beginning of the great depression (Regan3). Living conditions during this time were unsanitary and horrible.
The African Americans were treated unfairly and they were the first group of people that were laid off during any economic downturn. When things were bad economically the Blacks suffered even more. The economical difference between whites and Blacks was that the Whites had more money so that meant they were better than them. Some of the African Americans eventually left and this was called The Great
The president of Cuba, Rahul Castro, announced on September 13, 2010 that at least half a million state workers would be laid off in the next six months. The reason for this reduction of workers is Castro's attempt to get Cuba's socialist economy going by creating more jobs in the private sector. Many people will lose jobs that they took for granted under the communist government but at the same time government regulations on many businesses will be loosened in the attempt to boost the economy. Also Rahul Castro has launched a few free-market reforms since he has taken over as president. In the video that goes along with the article, the reporter shows the general population of Cuba while they are going on with their every day lives.
A seven-year conflict between the French and Indian soldiers gave Britain the victory. However, the war left the colonial leaders financially broke. In order to compensate for the financial losses, they imposed massive amounts of taxes on the settlers. The levies paid were sent directly to the British treasury and were used by the British military in North America. Besides this, the British also passed various laws that limited the movement and freedom of the settlers in an exceptionally discriminating manner.
“Many Americans held the president personally to blame for the crisis and began calling the shantytowns that unemployed people established on the outskirts of cities “Hoovervilles” (B, 676; CD) The 1930’s also show examples of our continuing inequality in America. As the white males began to lose their jobs and some African Americans continued to work, people believed in this crisis white males had first priority when it came to jobs and started replacing the African Americans. (B, 665; CD) Mexicans during the depression were rounded up and were forced to
There were many problems African Americans were facing before the New Deal became an instrument in the saving of the United States economy. Because of the Depression, African Americans workers were pushed out of jobs, favoring White workers. Because Blacks were last hired and first fired, it made it easier for them to lose their jobs at faster rates. The near subjugation of the tenant farming system destroyed many work opportunities for blacks to have any work because many black agricultural workers did not have other job skills, they were highly unlikely to get employment elsewhere. Many black farmers could not obtain contracts for their crops.