Individual effort is the basis of any form of economic growth. And as history has shown - just look at the Communist countries after WW2 - individual effort is rarely if ever stimulated by lack of personal freedom. So in order to have economic growth, the people that have to realize it have to feel that their efforts will result in a better future for themselves. A government that tries to start economic growth by sacrificing personal freedom, will find that people won't have that trust in the future. Just look at China: the leadership first had to promise greater freedoms before the economic boom could start.
The Great Depression.
yes. Equality is only possible when everybody is equally poor. As long as you reward people for their effort, some will choose to put in less effort than others, and earn less as the result.
The Marshall Plan ^__^
Rewarded lack of effort
France
Manhattan Project.
Helped in the war effort (WW1 and WW2)
Individual effort is the basis of any form of economic growth. And as history has shown - just look at the Communist countries after WW2 - individual effort is rarely if ever stimulated by lack of personal freedom. So in order to have economic growth, the people that have to realize it have to feel that their efforts will result in a better future for themselves. A government that tries to start economic growth by sacrificing personal freedom, will find that people won't have that trust in the future. Just look at China: the leadership first had to promise greater freedoms before the economic boom could start.
1941 during ww2
In what ways did Minnesota support the war effort in ww2
on the US?? nothin' we wern't in ww2
In what ways did minnesota support the war effort in ww2
His plan was to an economic policy to help Western Europe recover from the devastation of WW2.
The Great Depression.
yes. Equality is only possible when everybody is equally poor. As long as you reward people for their effort, some will choose to put in less effort than others, and earn less as the result.
Many attribute the post WW2 boom to Keynesian economics, which is a mixed economy of mostly private, but also public sectors.