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What economic school of thought would explain how massive government expenditures during World War 2 sharply moved the country out of the Great Depression?
Wiki User
∙ 6y ago
Keynesian economics.
Wiki User
∙ 6y ago
MeGustaCulo
Keynesian economics
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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 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.
What caused the US government to get more involved with the country's economy?
The Great DepressionThe great depression
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.
The government's annual plan for revenue and expenditures is know as the?
The Federal Budget is: The budget for the federal government. The federal budget of a country is determined yearly, and forecasts the amount of money that will be spent on a variety of expenses in the upcoming year.The Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting a rate of interest for the purpose of promoting economic growth and stability.The government's annual plan for revenue and expenditures is known as the Monetary Policy.
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.
How did Hitler end Germany's economic woes unemployment and depression?
AnswerHitler was in the leader of Germany at the time of the Great Depression. He came to power in 1933 as Chancellor and had no involvement in the formulation of policy in Germany until this point. The Depression was what led to the failure of Weimar Germany, and thus the rise to power of Hitler and the NSDAP (Nazi party).
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
