Asked by vanshu bhalla on May 09, 2024
Verified
What statement best summarizes Herbert Croly's proposed solution to national economic problems?
A) The federal government's budget needed to be slashed.
B) Corporations should be granted the power to manipulate laws to their benefit.
C) States needed to take control of their own finances with minimal federal guidance.
D) Economic alliances with Europe needed to be avoided at all costs.
E) Government economic intervention was the path to individual freedom.
Herbert Croly
An American political philosopher and journalist known for his advocacy of progressive liberalism and the founding of The New Republic magazine in 1914.
Economic Problems
Issues that negatively impact the economy of a country or region, such as inflation, unemployment, and recession.
Government Economic Intervention
The actions taken by a government to influence its economy through regulatory, fiscal, and monetary policies.
- Analyze the intersection of political reform, economic ideas, and environmental considerations in the Progressive era.
Verified Answer
OM
Olivia MortimerMay 09, 2024
Final Answer :
E
Explanation :
Herbert Croly advocated for a stronger role of the federal government in regulating the economy and believed that through such intervention, individual freedom could be better secured. This approach was outlined in his work "The Promise of American Life," where he argued that a more active government could address economic disparities and ensure a more equitable society.
Learning Objectives
- Analyze the intersection of political reform, economic ideas, and environmental considerations in the Progressive era.