Question 1
which of the following accurately describes cleveland's response to the depression of 1893?
a) he led with such authority and promised that he managed to prevent a wave of labor unrest from occurring.
b) he acted too conservatively, causing the weak economy to have less money in circulation when it needed more.
c)as a populist, he had the primary objective of promoting capitalism and, in effect, refused to interfere in the economy.
d) he became a national hero because most of the country blamed the economic crisis on the republican and their legislation.
e) he sent coxey's army to the hardest-hit regions of the country to citizens cope with the economic downturn.

The following accurately describes Cleveland’s response to the depression of 1893: He acted too conservatively, causing the weak economy to have less money in circulation when it needed more. Cleveland only did little during the depression of 1893.

EXPLANATION:

The depression of 1893 provided a great financial crisis toward the economic recession. It was one of the major financial downturns, that weakened the economy and shocked the undermined public confidence. Thousands of businesses were ruined, more than four million workers left unemployed, European investors took back their funds from the USA. Everything was in chaos, but Cleveland did little.  

Cleveland believed that the business cycle was natural and it should not be interfered by the politicians. Cleveland thought it was not politicians’ area to handle the problems in economic. When he was the president, nation’s reserves dipped below $100 million. This become the psychological barrier whose breaching weakened public trust. Cleveland also acted as if he rescued the gold standard, in fact he divided the Democratic Party. He also alienated the silver forces of the West and South.  

LEARN MORE  

If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:

1.Why was the Cleveland massacre significant in the information of standard oil?  

KEYWORDS: Cleveland, the depression 1983  

Subject:  History

Class: 7-9

Subchapter: The depression of 1893  

1. ford: gerald ford´s presidency, from 1974 to 1977, faced high inflation, named it public enemy nº1, and created the win program (whip inflation now).

2. carter: president from 1977 to 1981, carter had controversial poitions over abortion, but yet, he enforce the roe vs wade decision, which had pro-choice content.

3. reagan. for his eloquency and powerful speeches in his mandates, from 1981 to 1989, reagan earned this nickname, “the great communicator” .

4. george h w bush: despite many presidents had important roles in managing and trying to end the cold war, it was in bush sr's mandate that the berlin wall was materially destroyed, and he was visited by gorbachev in the uspresident from 1989 to 1993.

5. clinton: defense of marriage act. clinton signed this controvesial act, which defined marriage and spouses in strict heterosexual perspective, that was later declard unconstitutional by the us supreme court.

6. george w bush: in the begining of his presidency, which lasted until 2009, bush jr faced the greatest terrorist attacks in us and probably the worlds history, in september, 11 of 2001.

7. obama: in attempts to cease a great economical crisis, barack obama signed the controversial recovery act in february 2009, which handled 780-billion dollars.

c or d both can be the answer