1. what changes did
andrew mellon make
as secretary of the
treasury?

Andrew Mellon reduced taxes, increased revenue and managed to lower the state's debt to Europe.

Explanation:

Andrew Mellon was secretary of the treasure, between 1921-1932. His policies were to reduce the tax rates to strengthen the collection of the State (he said that before high taxes, investors preferred to evade them).

He lowered income tax rates (capital tax) and kept it progressive, helping the middle and lower classes.

These policies will help increase state revenue and lower public debt to Europe

Hope it helps!

Regards,

articles of confederation

answer: capitalism and socialism are formal economies. the major differences between capitalism and socialism revolve around the role of the government and equality of economics. capitalism affords economic freedom, consumer choice, and economic growth.

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explanation: