"A few months ago I told the American people I did not trade arms for hostages. My heart and my best intentions tell me that's true, but the facts and evidence tell me it is not." - Ronald Reagan, March 1987

The correct answer to this open question is the following.

There is no question, just a quote. Although the question is missing we can say that the question should be "What was the event that forced President Reagan to make this address?

The correct answer is the Iran-Contra Affair.

US President Ronald Reagan was being interviewed in a major tv news show when he acknowledged some of the mistakes in the Iran-Contra Affair. He admitted that he had no excuses, there had been mistakes. This opinion made his popularity soar again to 51%.

The Iran-Contra Affair started in August 1985 and ended in March 1987. This political scandal involved Senio officials of the Reagan administration who sold weapons to Iraq, in order to support the Contras in Central America, specifically, in Nicaragua.

monopolies  came to the united states with the colonial administration. the large-scale public works needed to make the new world hospitable to old world immigrants required large companies to carry them out. these companies were granted exclusive contracts for these works by the colonial administrators. even after the american revolution, many of these colonial holdovers still functioned due to the contracts and land

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