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John Maynard Keynes
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due to the fact that the economy began to rise
There are two general types of economic policies. The first is fiscal policy, which operates on the principle that the most effective way for a government to influence the economy is through its spending. For example, in a recession, governments will try to stimulate the economy by spending more money by building infrastructure and creating training programs, for example. The second is monetary policy, which operates on the principle that the most effective way for a government to influence the economy is through its control of the money supply. For example, in a recession, governments will lower interest rates to encourage borrowing and increase the money supply in an attempt to stimulate the economy.
lower
John Maynard Keynes
== == == ==
due to the fact that the economy began to rise
There are two general types of economic policies. The first is fiscal policy, which operates on the principle that the most effective way for a government to influence the economy is through its spending. For example, in a recession, governments will try to stimulate the economy by spending more money by building infrastructure and creating training programs, for example. The second is monetary policy, which operates on the principle that the most effective way for a government to influence the economy is through its control of the money supply. For example, in a recession, governments will lower interest rates to encourage borrowing and increase the money supply in an attempt to stimulate the economy.
U.S. government leaders spent money to stimulate the economy.
U.S. government leaders spent money to stimulate the economy.
the answer is an economic boomin economy it is called a "boom"
Economic recession is when the economy, as a whole, is actually shrinking (GDP shrinks, unemployment rises, as the demand for goods and services is lessened.)The opposite of an economic recession, is economic growth.Economic growth is when the economy is expanding, jobs are being created because of increased demand or stimulated demand.
Economy is shrinked a little because of the Economic recession worldwide
A recession is when the economic activity slows and people start losing their jobs and/or companies slow their hiring.
He believed the government should run deficits to stimulate a sagging economy.