Texts the Land of Enterprise Benjamin Waterhouse Chapter 8 and 9
Master of Enterprise H W Brands Chapters 16,17,18
Discuss or answer the following
1 DiscussGovernment involvement in the economy increased in 1930 President Franklin D Roosevelt launched the new deal to alleviate the emergency President Roosevelt because of the new deal was accused of turning his back on his kind the wealthy arguing that the economy would right itself if left alone drew the retort from British economist John Maynard Keynes saying that was perhaps true but we would all be dead by the time that happened Also Discuss President Roosevelt’s Democratic Liberal approach to government and the regulation of business perhaps wasn’t so detrimental after all
2 The Glass Stegall Act is one of the reforms that might have prevented the 2008 collapse in the finical markets if it were still active why wasn’t it still active and is it active today?
3 Discuss concern at the time President Roosevelt presented the new deal was the new was that it was too socialistic or communistic perhaps it was fascist particularly given that Americans icons like of Henry Ford Charles Lindberg and Father Charles Coughlin were enamored with right wing authoritarian or fascism