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Through its policies and institutions how has the US influenced US long-run economic growth?
Wiki User
∙ 14y ago
I think that the US influenced the long-run economic growth by the growth agriculture and industry
Wiki User
∙ 14y ago
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What is the subject matter of political economy?
Political economy studies political processes through the application of rational choice theory and economic methods. It understands the world using a primarily individual, self-maximising framework and focuses heavily on political institutions and their effect on economic outcomes.
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Although the north fought for the blacks to be free, they did not think they should be equal. Therefore, they did not follow through because they discriminated as much as people from the south did.
What is economic system and describe capitilism communism socialism?
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What are two main expansionary policies?
When the government wants to stimulate economic growth through Fiscal Policy, it will often attempt one of two approaches. It will either cut consumer taxes to give them more disposable income, or it will spend more money on government programs. Both of these policies are considered expansionary.
