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Could the government have done something to hold the depression to an recession?
Wiki User
∙ 10y ago
The government could have taken a few precautions to save the economy from the Depression to a Recession.In the 1900's the government shouldn't have pushed for homeownership because the house market took a downturn shortly afterward and the government's urgent desire was to bail out the situation through various banks and corporations creating instability. The government should have had a balanced budget to keep the economy from crashing and keep the government from spending to much or even not enough. They could have a financial stimulus that was a emergency fund to stop bankruptcy and gave tax cuts to regulate money. The unemployment could've been fixed by employing people with doing public works for the government.(roadwork, construction work, and conservation work)
Wiki User
∙ 10y ago
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How Is the US Economy Doing?
right now 2009 the us economy is in a recession, but could in a depression later on in the future if we are in a recession for too long.
What is it called when a recession continues for a long period of time?
If it goes on for a long time and no one buys a lot of stocks, it could eventually turn into a depression. Save
Which of the following situations could cause a budget deficit for the federal government?
there is a recession
Is the us economy in a depression in 2009?
The US economy is in recession, as people have less money to spend. It is not yet a depression in which the entire ecomomy collapses, but it could still happen later on.
Can depression cause delusions?
Depression can very well cause delusions. But when this happens, it no longer is depression. If your seeing things out of the ordinary your depression could have turned into something much more serious like, physcotic depression.
What did Kennedy believe the government could do to solve economic recession?
Kennedy emphasized investment tax credit and other tax credit for businesses.
How did the great depression affect economists beliefs about the macroeconomy?
Instead of assuming that the macroeconomy would automatically recover from a recession, economists began to consider the possibility that modern market economies could fall into prolonged contractions and that government assistance would be necessary to pull them out.
What is three quarters of GDP loss?
It is simply three quarters of negative GDP. It could be a recession plus one quarter. Three quarter of negative GDP growth alone is NOT a depression. A depression really has no official definition, but if it did, it would be longer than three quarters. 4 quarters of GDP loss refers to a Depression. 3 quarters can refer to a country that is on the verge of a depression
Which happens when the unemployment increases during a recession?
Because more people become unemployed than employed.
What describes France during the Great Depression?
There are several things that could describe France during the Great Depression: underdeveloped economy overvalued currency inconsistent government policies changing government leadership low unemployment political unrest Stagnant Industry
How did the great depression affect Europe and Asia?
It strengthened them because people felt a stronger government could improve the economy.
In his 1933 inaugural addresspresident Roosevelt helped Americans see?
That there were solutions to the problems of the Great Depression.
