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What economic activity helped make the kush wealthy?
Trade
What term did historians apply to Reagan and efforts on the economic front?
Historians often refer to Reagan's economic policies as "Reaganomics." This term encapsulates his administration's approach to economic growth through supply-side economics, which emphasized tax cuts, deregulation, and reducing government spending. Advocates argued that these measures would stimulate investment and job creation, while critics contended they disproportionately benefited the wealthy and increased income inequality. Ultimately, Reaganomics significantly influenced fiscal policy debates in the decades that followed.
What is the social and economic level between the wealthy and the poor?
Middle class
According to Quesnay which class created no economic wealth?
wealthy landowners A+
What new economic ideas encouraged countries to build trade empires?
they wanted to be wealthy
Which government tries to prevent the creation of really wealthy people and really poor people?
the chinese government and most other communistical countries
What type of government that tries to prevent wealthy or poor economic system?
I believe that is communism. If someone earns more then usual the extra money is given to someone that is poor,
What government tries to prevent the creation of really wealthy and really poor people under?
A government that aims to prevent the creation of extreme wealth disparities often implements policies associated with social democracy or welfare state models. These policies may include progressive taxation, social safety nets, and public services like healthcare and education to ensure a more equitable distribution of resources. By addressing income inequality and providing opportunities for all citizens, such governments strive to create a more balanced society. Ultimately, the goal is to promote social cohesion and economic stability.
Why was secretary of state Thomas Jefferson opposed to the creation of the national bank?
He felt that the Constitution did not authorize the government to create a bank.
What is the system of government where a few wealthy people hold power over the larger group?
Oligarchy is government by the few. Plutocracy is government by the wealthy few.
What was the purpose of Hamilton's program to create a wealthy class and bind their loyalties to the national government or to build a strong and prosperous nation?
He wanted to relieve the country of national debt, which is where the Economic Plan came out. He wanted to create a national bank, place high tariffs to reduce debt, and fund at "par" on government spending to prevent further debt.
What effects does mining have on the government?
It make the government wealthy.
Political and economic powers in the southern colonies was dominated by?
Wealthy planters
What government is ruled by the wealthy elite?
A government ruled by the wealthy elite is known as an oligarchy. In this system, power is concentrated in the hands of a small group of individuals or families who possess significant economic resources and influence. These elites often make decisions that benefit their interests, potentially at the expense of the broader population. Oligarchies can exist alongside other forms of government, such as democracies or monarchies, where the wealthy exert disproportionate control over political processes.
What did wealthy merchants form which had many of the same powers as a government?
Wealthy merchants form power as a republic. This is part of the government.
What economic activity helped make the kush wealthy?
Trade
What is a government composed of the wealthy class?
Plutocracy
