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What caused the US government to get more involved with the country's economy?
Wiki User
∙ 6y ago
The Great Depression
The great depression
Wiki User
∙ 6y ago
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Why is the problems caused by externalities are difficult for market economy to fix?
they will lead to an inappropriate amount of the product involved being produced..
Why did Kenya's economy prosper?
Capitalist economic policies caused Kenya's economy to prosper.
How does the gov't play both a direct and an indirect role in the economy?
A direct role involves the government passing laws or carrying out policies that change or affect the economy, like issuing taxes. An indirect role is a government change that inadvertently affects the economy, like wars in the Middle East affecting oil prices. The government didn't raise oil prices, but the conflict caused the leaders with whom we are at war to raise prices on our imports.
What caused the American economy to slip in the 1970s?
Spending on Veitnam
What was the growth of the service economy caused?
a decline in U.S. union membership
What caused the U.S. government to get more involved with the country's economy?
the great depression
What caused the U.S government to get more involved with the country's economy?
the great depression
What caused the US government to get more involved with the economy?
The Great DepressionThe great depression
How did the great depression change peoples views about government?
the great depression affected the citizens very much, it changed their views about the government as to how government dealt with situations wrongly. The government obviously introduced a currency and got rid of all the old currency (by burning) as it was worthless. The people didn't like the government as they though they were responsible for the depression and so this is why riots were started.
What caused your government to be the way it is now?
The stock markets and economy.
What caused the us to get more involved with the country's economy?
The Great DepressionThe great depression
Why is the problems caused by externalities are difficult for market economy to fix?
they will lead to an inappropriate amount of the product involved being produced..
How did great depression change peoples view about government?
The Great Depression caused people to look for the government to provide a basic safety net in times of economic downturn. People also wanted to see some form of a subsistence level of help from the government for those in the lowest tier of society.
What is double dip recession?
Its when an economy has two back to back recessions in a relatively short time span. The second of which is usually a result of an economy so weakened by the underlying problems that caused the first that the economy falls back into recession after all attempts of government intervention can no longer prevent it.
How did the world war 1 affect the economy of the US?
it caused the economy to go down
Why did Kenya's economy prosper?
Capitalist economic policies caused Kenya's economy to prosper.
How does the gov't play both a direct and an indirect role in the economy?
A direct role involves the government passing laws or carrying out policies that change or affect the economy, like issuing taxes. An indirect role is a government change that inadvertently affects the economy, like wars in the Middle East affecting oil prices. The government didn't raise oil prices, but the conflict caused the leaders with whom we are at war to raise prices on our imports.
