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- The President can propose and lobby Congress for programs and packages that are designed to affect the economy
- The President has the power to veto economic programs, tax hikes or cuts, and expenditures that Congress passes.
- The President appoints ( subject to Senate approval) the chairman of the federal reserve board who has great control over the money supply and interest rates.
- The treasury, under control of the President, can take steps that affect the foreign exchange rate and affect the balance of trade and the prices of imports and exports.
- The President can use his powers of persuasion to prevent and settle strikes in key industries , such as steel, auto, railroads, mining, etc. that affect the overall econom
What else can I help you with?
What is a market economy based on?
A market economy is an economy in which decisions regarding investment, production and distribution are based on market determined supply and demand. Prices of goods and services are determined in a free priced system
Why was president Hoover blamed for the nations economic problems?
Hoover was blamed for the nation's economic problems because he thought that the best way to fix the economy was to let the economy fix it's self (do nothing).
What is the book called the Wealth of Nations about?
Mainly, the Wealth of Nations is about the benefits of a free market economy and how the government should leave economic decisions to individual households and firms without regulation or intervention because it is argued to be more productive and beneficial for society.
Why would the president be so concerned about business practices?
Because the people are concerned about the business practices. And if the people are concerned about it, then the President should be too, otherwise he/she won't get reelected. Also, business drives the nations economy.
What kind of economy do most nations in the world today use?
mixed economy
What is a market economy based on?
A market economy is an economy in which decisions regarding investment, production and distribution are based on market determined supply and demand. Prices of goods and services are determined in a free priced system
Why were President's Washinton's decisions and actions as the nations' first president so important?
Washington was the first President and very highly respected as the winner of the Revolution. As such everything he did set a precedent. He established the role of US President.
Why was president Hoover blamed for the nations economic problems?
Hoover was blamed for the nation's economic problems because he thought that the best way to fix the economy was to let the economy fix it's self (do nothing).
Who was the nations second president?
John Adams was the nations second president.
What constitutional issues arise regarding the role of the President as Commander-in-chief?
"The Nations safety as well as, the People in this Nation" and also making decisions that will move us forward and not backwards with our "Nations Defeance"against Terroist attacks.
What constitutional issues arise regarding the president's role as commander in chief?
"The Nations safety as well as, the People in this Nation" and also making decisions that will move us forward and not backwards with our "Nations Defeance"against Terroist attacks.
What is the book called the Wealth of Nations about?
Mainly, the Wealth of Nations is about the benefits of a free market economy and how the government should leave economic decisions to individual households and firms without regulation or intervention because it is argued to be more productive and beneficial for society.
What part of the united nations makes decisions for countries to carry out?
The League of Nations
A representative of the president to other nations?
Ambassador is a representative of the President to other nations.
Why would the president be so concerned about business practices?
Because the people are concerned about the business practices. And if the people are concerned about it, then the President should be too, otherwise he/she won't get reelected. Also, business drives the nations economy.
What kind of economy do most nations in the world today use?
mixed economy
How did the panic of 1837 affect the the nation's economy?
it ruined the nations economy by no money
