Why one it lost china as its chief ally in Asia did the US adopt policies to encourage the rapid recovery of Japan's industrial economy?
Most reporters assume his first priority will be to focus on improving the economy; the recovery has been slow all over the world, and also very uneven-- some parts of the world (and some parts of the US) have made more of a recovery than others. The president should focus on economic policies that put more Americans back to work. Along that line, a number of advocates hope he will encourage policies that update our…
Goverments use many policies such as the monetary policy and the fiscal policy to try to boost the economy and gradually diminish the recession. ie the policies are to do with lowering interest rates / fees to aid the profits of businesses and organisations and encourage increased money spending by the businesses which will aid the economy because businesses will be running at higher capacities, consumers have more money to spend - boosting economy and…
How and why did the Great Depression change liberal notions operating in the world economy of the 1920?
For starters, all of the major currencies left the gold standard during this time period, which aided recovery. Most countries also shifted to variations of the mixed economy with much more government involvement in the economy. This is in stark contrast to the liberal laissez-faire economic policies before. The severity of the Great Depression caused governments and economists to rethink global and local economic policies.
Should demand side policies always be used rather than supply side policies when a government intervenes in an economy?
If the problem in the economy is due to a lack of demand than demand-side policies would be required. If the economy is experiencing a recession, for example, then demand side policies might be appropriate. If the economy is at or near full employment then the focus might be more on increasing aggregate supply.
How does the federal government use financial policies agencies and economic indicators to encourage economic growth and stablize the economy during times of recession inflation and depression?
In the simplest terms 2/3 of the economy is driven by consumer demand. Consumer demand is bouyed by consumer confidence. If the American people are confident in the government and the future they spend money which creates demand for consumer products and thus the economy grows. The government issues policies and reports on economic indicators to further boost the consumer confidence.
Which revolutions were started under Stalin's rule as a means to improve the Soviet Union's economy?
Stalin's control of the Soviet economy led to famine, disunity and poor economic growth. Socialism will always help destroy an economy unless its a democratic socialism, where the people can vote and force certain economic improvements, such as making some industries private corporations. There is a need for a degree of competition even in the democratic socialist governments in Europe as an example. The head of France, Hollande, is a socialist, however, he does not…
Explain the effects of industrial policies followed by different governments on the performance of the industrial sector?
The government is fully aware of the potential of cottage and small-scale industries for industrial development. The following organization have been established to develop this sector of the economy. The above organizations are taking the following measures: 1)Establishment of industrial state. 2)Providing marketing facilities. 3)Establishing handicraft development centers and carpet canters
The recovery of the US economy following the great depression was influenced mainly by the New Deal together with other government social programs that were created during the Franklin D. Roosevelt administration. Most of the programs were implemented in banking and industrial areas so as to improve confidence and increase the employment rates in the country.