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Keynesian economics failed to deal successfully with _____.?
high inflation during the 1970s
To pay for the new deal programs roosevelt abandoned a balanced budget and began using?
... deficit spending as recommended by Keynesian Economics.
What did keynesian economics fail to deal with successfully with?
High inflation during the 1970s. This is the correct Gradpoint/Novanet answer. ~Chris
What did the New Deal do to achieve reform?
Roosevelt's basic philosophy of Keynesian economics manifested in what became known as the three "R's" of relief, recovery and reform. The programs created to meet these goals generated jobs and more importantly, hope.
What did Keynesian fail to deal successfully with?
High inflation during the 1970s. This is the correct Gradpoint/Novanet answer. ~Chris
Who supported the New Deal?
minoritys
Describe Keynesian economic polocies How important were they to the New Deal?
The New Deal tried public works, farm subsidies, and other devices to reduce unemployment, but Roosevelt never completely gave up trying to balance the budget. Unemployment remained high throughout the New Deal years though greatly reduced from the much higher rates before the New Deal; business simply would not hire more people, especially the low skilled and supposedly "untrainable" men who had been unemployed for years and lost any job skill they once had. Keynesians later argued that by spending vastly more money - using fiscal policy - the government could provide the needed stimulus through the multiplier effect. Critics of Keynesian economic theories said that government spending would "crowd out" private investment and spending and thus not have any effect on the economy, a proposition known as the Treasury view, which Keynesian economics reject.
How economics and geography are alike?
hey both deal with science
How did Theodore roosevelt support progressive reforms?
Roosevelt supported Progressive Reforms with the Square Deal
Is economics the study of mankind in the ordinary business of life?
No, economics is the study of how people deal with the condition of scarcity with limited allocations of resources.
What labors were under the new deal?
Unemployed people in the arts were supported by what new deal program
What type of degree should you get to go into the economy industry?
It's unclear what exactly you mean by "economy industry" but I'll assume you mean jobs that deal with economics and the economy, in which case the simple answer to that question is "Economics", since that is the overall degree program that usually deals with economic systems and policies.
