by introducing rationing
by using the major manufactures, such as automobile industry, to produce goods for the military
by the draft to force men into the military instead of working at home
I say less because the country would not stop the battle because the government said so
China's economy thrived, as it increased it's trade and interaction with societies in Asia, Africa, and Europe.
it grew and heavily controlled the economy
Using government spending to increase purchasing power and stimulate the economy during the Great Depression.
The government
Nothing, the economy is cyclical. It goes up and down naturally. By spending a ton of money on "Stimulus" Packages to "fix" the economy they increased the national debt and decreased the overall well being on the US economy.
I say less because the country would not stop the battle because the government said so
The government's economic role during and after World War 2 expanded. This expansion took place because the country was under the control of the Progressives who wanted an increased governmental role in everything.
They established caps on wages and prices, and rationed many items that were needed for the war effort.
The government's economic role during and after World War 2 expanded. This expansion took place because the country was under the control of the Progressives who wanted an increased governmental role in everything.
The number of civilian employees in the Federal government increased greatly during the Great Depression. This helped to improve the population's access to government help.
Governments try to control this cycle to prevent crashes from happening in the economy. They can do this by promoting the growth of businesses during the expansionary phase of the cycle.
During both World Wars, the United States government tried to control the economy at home by rationing certain items in the grocery stores, like sugar and butter. They also rationed gasoline. The people were also asked to donate metal items for recycling and to buy Savings Bonds to fund the war efforts.
A decade of republican government put the economy in debt. During Reagan's time the money was spend on defense spending.
China's economy thrived, as it increased it's trade and interaction with societies in Asia, Africa, and Europe.
Command Economy
As with all wars, it strained the government budget, which in effect worsened the economy.