True
They increased defense spending and lowered taxes.
Demand-Side Policies
fiscal policies, like lower spending and higher taxes, that reduce economic growth
fiscal policies, like lower spending and higher taxes, that reduce economic growth
Low taxes and cutting government spending.
increased military spending (novanet)
Yes. Government spending that is intended to stimulate growth in an economy and simultaneously lessen the suffering of individuals in times of economic crisis is known as "Keynesian" economic policy. Such policies are fiscal (as opposed to monetary) policies, and are also known as "expansionary" policies. The underlying tenet is that government spending can improve the economy by causing an increase in demand (a shift to the right on an economic supply and demand model).
Broadly defined, a recession is a downturn in a nation's economic activity. The consequences typically include increased unemployment, decreased consumer and business spending, and declining stock prices. For a full discussion on how it affects Nigeria, see the Related Link below.
The factors that contributed to the US economic prosperity during the Roaring Twenties included technological advancements, increased consumer spending, industrial growth, and government policies promoting business expansion. These factors combined to create a period of strong economic growth, rising wages, and widespread prosperity.
Reaganomics
Ronald Regan increased spending on the military
Ronald Regan increased spending on the military