Finalpart2 Essay Example | Topics and Well Written Essays - 1250 words

Finalpart2 - Essay Example Morgan and Northern Securities. Roosevelt was a strong proponent of labor who made immense efforts to help United States citizens. He tried his best to assist consumers and proposed the Pure Food And Drug Act to the congress that wasmeant to protect citizens from harmful foods and medicine. He also established a workman’s compensation scheme; this is a fee that employers had to pay employees who sustained injuries in the course of duty. William Taft issued a tarrif known as the Payne-Aldirich Tariff which placed high taxes on imported goods. He believed that this would be beneficial to the United States and helpbusiness to business to develop. Taft’s domestic agenda accentuated civil service reforms, trust-busting, fortifying the interstate commerce commission, passing the sixteenth amendment and bettering the performance of the postal dervice. On the foreign front, he sought to extend the economic development of nations in Asia and Latin America through "Dollar Diploma cy" and displayed absolute authority and moderation in response to the revolution in mexico. 4. The outbreak cold of the cold war can be majorly blamed on the united states and its allies after the first world war. The allies invaded the soviet union, armed and supplied the United States to fight the soviet government which was supported by bulk of the russians. This immediately became a source of conflict between the communist soviet union and the capitalists. The first strike was made by the united states and its allies arguing that the soviet union spread communism. The case put forward by the united states that the soviet union was to blame since they had put missiles in Cuba in incomplete and thoughtless. The americans already had the same missiles aimed at the Russians placed in Turkey and the missiles put in cuba were just a mechanism of leveling the playing field (Kennedy & Bailey, 2010). During this period of the cold war, the folowing three significant changes occurred in America’s foreign policy: The american government initiated the process of aiding anti soviet outfits like the Mujahideen in Afghanistan. Diplomatic ties were created between America and the People’s republic of China during this period. America initiated the diplomatic process that established NATO(North Atlantic Treaty Organization) to keep the Soviet Union in check. These policy changes ensured that America mended fences with previous enemeies like China and put in place measures that kept the country on top with regards to military might. 5. The race-related riots that broke out in numerous cities of the united states during the 1960s brought about many arrests, deaths, injuries, as well as significant damage of property that mainly affected the areas inhabited by african americans. It is hard to exactly identify the ways in which these riots impinged on economic activity in the united states over a long period of time, however various prospective reinforcing chane ls are present. Property risk increased in the central city neighborhoods resulting in a rise in insurance premiums compered to that before the riots. The riots caused increases in Taxes for income redistribution, fire and police protection, closure of some retail outlets and relocation of some employment opportunities and businesses. Other key impacts included relocation of higher and middle income households, destruction of buildings that were torched. These destructive impacts of the race-related ri