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What drove consumerism and helped to increase consumer spending during the 1950s?
Wiki User
∙ 9y ago
The increase of produced goods from former wartime factories increased the goods available for purchase, which increased consumerism and consumer spending.
Wiki User
∙ 9y ago
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The theory that government spending should increase during business slumps and curbed during booms is referred to as?
Keynesian Economics
Why do interest rates fall during a recession?
The Federal Reserve lowers interest rates during a recession in hopes to spark economic activity (aka consumer spending).
How does Keynesian Economics affect today's nation?
The theory that government spending should increase during business slumps and be curbed during booms.
Who argued that national governments should increase their spending to stimulate the economy during an economic recession?
John Maynard Keynes
Reasonable monetary policy during a period of high inflation?
During times of high inflation, it is best to regulate the price increase of the retailers. Policies should include price regulation, and consumer control.
How did consumerism change during the Eisenhower administration?
how did consumerism change during the eisenhower administration
What kind of consumer behavior would most likely be seen during a recession?
reduced spending
The theory that government spending should increase during business slumps and curbed during booms is referred to as?
Keynesian Economics
Which of these did not rise during the Great Depression?
consumerism
What was the pump priming during Roosevelt?
Using government spending to increase purchasing power and stimulate the economy during the Great Depression.
Why do interest rates fall during a recession?
The Federal Reserve lowers interest rates during a recession in hopes to spark economic activity (aka consumer spending).
How does Keynesian Economics affect today's nation?
The theory that government spending should increase during business slumps and be curbed during booms.
The term bomber gap was used during the cold war for the primary purpose of?
Greatly increase military spending
How does deficit spending impact national debt?
Deficit spending is spending money raised by borrowing. It is used by governments to stimulate their economy during times of depression or economic slow-down. Unless the borrowing is repaid, deficit spending will increase the national debt.
Who argued that national governments should increase their spending to stimulate the economy during an economic recession?
John Maynard Keynes
What kind of strategies should vishal mega mart adopt increase consumer surplus during a recession?
it should provide necessity goods
What helped drive the tremendous growth of the U'S economy after World War 2?
Consumer spending by returning G.I.'s and women who entered the workforce for the first time during the war
