0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Why was Dwight D. Eisenhower elected president?
dwight d became president to lower taxes
What was Dwight Eisenhower's main problem?
he had a heart attack and an inflamation of the lower intestine!
What was Eisenhower's policy of modern republicanism?
Eisenhower criticized the idea of large government programs such as the Fair Deal, however he opposed the idea of "Old Guard" Republicans eliminating all government programs. Eisenhower instead chose to take a more moderate course, also know as "Modern Republicanism", which preserved the market economy and still insured assistance to certain groups of people such as seniors.
How did Eisenhower lower defense spending?
President Eisenhower believed that there had to be a balance between defense spending and the needs of a healthy economy. Instead of pouring dollar after dollar into defense, he reinforced local conventional defenses with massive retaliatory power. He created an arsenal of nuclear weapons.
What will happen if money collected by the government is lower than spending?
what time does mcdonalds serve lunch
Under what circumstances would the government most likely lower taxes?
Consumer spending has decreased recently.
How would the government most likely respond to decrease in consumer spending?
Lower taxes to make it easier for consumers and business to spend money.
In an aggregate demand-aggregate supply diagram what will equal decreases in government spending and taxes do?
No effect. Spending will decrease Aggregate Demand, lower taxes will raise Aggregate Demand
What will increased consumer spending?
Consumer spending is called consumption, which is a component of Aggregate Demand in our economy. In monetary policy, the Federal Reserve can buy treasuries, lower the reserve requirement, and lower the discount rate which will increase consumption. In fiscal policy, the government can cut taxes to increase consumer spending.
How did President Eisenhower's domestic policy reflect his Republican predecessors Coolidge and Hoover?
President Eisenhower's domestic policy was characterized by a commitment to limited government intervention and fiscal responsibility, which mirrored the policies of his Republican predecessors Coolidge and Hoover. Eisenhower advocated for reduced federal spending, lower taxes, and a balanced budget. Like Coolidge and Hoover, he believed in the importance of preserving individual freedom and free market principles in order to foster economic growth and prosperity.
Are Republicans more conservative?
Yes. Republicans are the party that wants to lower taxes and spending and make the government smaller to allow individual freedom.
Why did houston cut government spending in his second term?
he eliminated dozens of government positions and cut the size of the army; he tried to sell navy ships
