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What did Kennedy to to help curtail rising unemployment and inflation and stimulate economic growth?
Wiki User
∙ 11y ago
Asked businesses to limit prices and workers to accept fewer pay raises.
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoReduced government spending and increased taxes.
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Kennedy called for an increase in which of the following to stimulate economic growth?
Government Spending
What was the economic problem the US was suffering from when Kennedy became president?
High Unemployment
How did Kennedy stimulate the economy?
John F. Kennedy stimulated the economy through his "New Frontier" domestic program. It included federal aid for education, student loans, and economic assistance to depressed areas. Kennedy also enacted $10 billion in tax cuts that increased revenues.
What did Kennedy believe the government could do to solve economic recession?
Kennedy emphasized investment tax credit and other tax credit for businesses.
What was the name of Kennedy's economic plan for Latin America?
Alliance For Progress, it was established in 1961.
What has the author Kieran A Kennedy written?
Kieran A Kennedy has written: 'Unemployment crisis' -- subject(s): Economic conditions, Unemployment
Kennedy called for an increase in which of the following to stimulate economic growth?
Government Spending
What was the economic problem the US was suffering from when Kennedy became president?
High Unemployment
What was one economic problem the united states was suffering when john f Kennedy became president?
What was one economic problem the United States was suffering from when John F. Kennedy became President?
What programs laws and accomplishments resulted from Kennedy beliefs for Economic recession?
Results: Congress increased defense spending, incrased the minimum wage, extended unemployment insurance, and provided assistance to cities with high unemployment
How did Kennedy stimulate the economy?
John F. Kennedy stimulated the economy through his "New Frontier" domestic program. It included federal aid for education, student loans, and economic assistance to depressed areas. Kennedy also enacted $10 billion in tax cuts that increased revenues.
Why did Kennedy want to limit deficit spending?
do your on hw
What did President John F. Kennedy advocate in order to stimulate economy?
Tax cuts
What was the economic like when John F. Kennedy was president?
When John Kennedy was president the economic condition in the states was in a very good state.
Why did president kennedy propose to reduce taxes?
Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased - not a reduced - flow of revenues to the federal government.
What did john f Kennedy advocate in order to stimulate the economy?
John F. Kennedy advocated for a combination of tax cuts and increased government spending as a way to stimulate the economy. He believed that reducing taxes would put more money in the hands of individuals and businesses, encouraging investment and consumer spending. Additionally, he proposed increased government spending on infrastructure projects and social programs to create jobs and boost economic growth.
What did President John F. Kennedy advocated in order to stimulate the economy?
Tax cuts
