New Deal & World War II (M&M‚ Chapter 9) Massive expansion in role of federal government in US political system and in US economy between 1933-1945 Higher corporate and personal taxes‚ massive borrowing‚ new federal agencies and programs‚ regulation of product and labor markets‚ etc. Expanded federal role in wake of landslide electoral victory of FDR in November 1932 Popular vote in 48 states: FDR (22.8 million)‚ Hoover (15.8 million)‚ socialist and communist candidates (1.0 million) Electoral
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Square Deal Because Theodore Roosevelt’s top priority in his first year of election was his reelection as opposed top reform‚ the “Square Deal” which was his attempt at getting the vote of the lower and middle class while retaining that of the “old guard” of politicians‚ the Square Deal was an Immense success. What is the square deal? • Theodore Roosevelt’s domestic program o 3 Ideas: conservation of natural resources‚ control of corporations‚ and consumer protection o "three C’s” o Helping
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Predictably‚ Roosevelt’s New Deal came under attack from the right‚ from Republicans‚ conservative Democrats‚ bankers‚ and Wall Street financiers who claimed that it doled out too many federal handouts. Many of these critics also feared that the policy and programs involved were a dangerous step toward socialism and the destruction of the American capitalist system. Such misgivings were understandable given the political atmosphere in the 1930s‚ as communism was becoming a more imminent threat. In
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Third Estate The Grievances of the Third Estate was the list of ideas that the cahier of the Third Estate sent to the Estates General on how the new Constitution should be drafted. It included the injustices on how the Third Estate was currently being treated‚ as well as ideas to restore their social standing and rights. The document begins by stating the people’s loyalty to the King and then lists the Third Estate’s wishes. Then they go on to tell him about each of the grievances of each of the
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among the Third Estate on the eve of the French Revolution. The Third Estate was discontent with unequal taxation‚ the interference of the government of the people’s lives‚ and unreasonable persecution of different religions. The Third Estate was made up by the merchants‚ peasants‚ and the laborers (bourgiosie). The bourgiosie were the only ones that were able to address the Third Estate grievances. One of the main grievances of the Third Estate were the high taxes. The First Estate (clergy) took
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The Square Deal was President Theodore Roosevelt’s domestic program formed upon three basic ideas: conservation of natural resources‚ control of corporations‚ and consumer protection.[1] Thus‚ it aimed at helping middle class citizens and involved attacking plutocracy and bad trusts while at the same time protecting business from the most extreme demands of organized labor. In contrast to his predecessor William McKinley‚ Roosevelt was a Republican who believed in government action to mitigate social
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ECON 0602: Lecture 5 Topics China and the WTO WTO and its rules China’s entry to the WTO Trade frictions China’s Foreign Trade: Special Issues China’s FTA: CEPA Sino-US trade imbalance China’s exchange rate Export and employment 1 © HKU ECON 0602 Larry QIU 2/153 What is WTO? China and the WTO: Questions/issues General Agreement on Tariffs and Trade (GATT‚ 1947-1994) What is WTO? 1947‚ Geneva‚ 23 (including China)‚ now 148+ Most Favored Nation Principle
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Variation in effective mechanisms for managing business government relations across China‚ India‚ and Indonesia The variation in mechanism of managing business in three countries China‚ India and Indonesia has been covered on lines of business culture‚ political institutions‚ economy and tax regimes. Business Culture There are quite a lot of similarities in business culture in 3 different countries China‚ India and Indonesia. Business decisions are usually taken at the highest level and may take
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Explain to Lionel and Michael how the legal and equitable estate in 6 and 7 High St. is held and whether or not Lionel could force Michael to sell the freehold estate in the premises. Before establishing who holds the legal or equitable estate‚ it’s important to understand what either of these roles incurs. The person in charge of the legal estate is responsible for the maintenance and administration of the land. They have the right to sell or lease the land and are also responsible under Occupier’s
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China‚ officially the People’s Republic of China‚ is a country located in East Asia. It is the world’s most populous country‚ with a population of over 1.3 billion. The PRC is a single-party state governed by the Communist Party of China‚ with its seat of government in the capital city of Beijing. It exercises jurisdiction over 22 provinces‚ five autonomous regions‚ four direct-controlled municipalities‚ and two mostly self-governing special administrative regions . The PRC also claims Taiwan – which
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