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Q: Why did economists invent the term stratification to describe the economic problems in the you s in the 1970's?
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Why did economists invent the term stagflation to describe the economic problems in the US in the 1970s?

to describe a situation caused by a weak economy and rising prices


Why did economists invent the term stagflation to describe the economic problems in the US during the 1970s?

to describe a situation caused by a weak economy and rising prices


Why did the economists invent the term stagflation to describe the economic problems in the US during the 1970?

to describe a situation caused by a weak economy and rising prices


Why did economists invent the term stagflation to describe the economic problems in the US during the 1970's?

to describe a situation caused by a weak economy and rising prices


Why did economists invent the term stagflation to describe the economic problems in the United States during the 1970?

to describe a situation caused by a weak economy and rising prices


Why did economists invent the term stagflation to describe the economic problems in the united States during the 1970s?

to describe a situation caused by a weak economy and rising prices


Why don't economists agree on the same solutions to economic problems?

There are two main reasons that economists disagree when giving opinions to solve economic problems. Here are prime examples: * Economists do not come to the same conclusions when determining the validity of alternative assumptions of how the world's economy operates. With that said, their views of the sensitivity and impact of household savings to the resulting changes in the after tax return to saving; and * Economists work from different values. ( the prime example here is how an economist in the former USSR had different values than one in the United States) The two economists have different views about what policy should try to accomplish. So, they can have a fundamental differences of whether taxes should be raised for the redistribution of income.


How did the war affects Americas economic situation?

It created economic problems .


Differentiate between economics and economic geography?

Generally, spatially interested economists study the effects of space on the economy. Geographers, on the other hand, are interested in the economic processes' impact on spatial structures. Moreover, economists and economic geographers differ in their methods in approaching spatial-economic problems in Economics is a science that studies economies and develops possible models for their functioning, e.g. He studied economics at the LSE (London School of Economics). Economic, without an “s”, is an adjective meaning “connected with economy”, e.g. The economic growth is very slow.several ways.


What problems were the classical economists too concerned with?

Scarce land


Which of these problems where the classical economists to concerned wirth?

scarce land


Why did economist invent the term stagflation to describe the economic problems in the US during the 1970s?

to describe a situation caused by a weak economy and rising prices