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What economic school of thought explains how massive government spendng during World War 1 moved the country out of the great depression?
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What determines what type of economic system a country has?
Decisions about the kind of economic system a country has are normally made by that country's government.
What economic school of thought would explain how massive government expenditures during World War 2 sharply moved the country out of the Great Depression?
Keynesian economics.
What has resulted from the Mexicans government's policy from borrowing from foreign banks?
Mexico had a foreign debt much larger than the country could afford to pay. This resulted in successive devaluations, economic depression and inflation.
When the country is experiencing an economic slowdown the government should exercise what action?
The government may exercise appropriate monetary or fiscal policies. However, the degree to which the government should interfere in the economy is a matter of continuing debate, beginning with the FDR administration and the Great Depression of the 1930's.appropriate budgetary policy
What is economic meltdown?
It is the going down on the rate of economic activity of a country. It basically refers to increase in borrowings by government.
When Franklin roosevelt was elected the country was?
in an economic depression
what belief that Hitler ended the German depression?
There is a belief by theorists such as Ellen Brown that Hitler ended the German economic depression. His policies, collectively called the National Socialist Economic Policies, gave him and the government total control of the country and the economy did eventually rebound.
When President Franklin Roosevelt was elected the country was .?
in an economic depression
When president Franklin roosevelt was electedthe country was?
in an economic depression
What happens during a period of depression in a country?
During an economic depression threes a lack of economic activity that can last for several years.
What determines what type of economic system a country has?
Decisions about the kind of economic system a country has are normally made by that country's government.
What economic school of thought would explain how massive government expenditures during World War 2 sharply moved the country out of the Great Depression?
Keynesian economics.
What has resulted from the Mexicans government's policy from borrowing from foreign banks?
Mexico had a foreign debt much larger than the country could afford to pay. This resulted in successive devaluations, economic depression and inflation.
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
Which country was least affected by the Great Depression?
Korea and russia where examples of this, in fact russia had economic growth! the soviet union
When the country is experiencing an economic slowdown the government should exercise what action?
The government may exercise appropriate monetary or fiscal policies. However, the degree to which the government should interfere in the economy is a matter of continuing debate, beginning with the FDR administration and the Great Depression of the 1930's.appropriate budgetary policy
