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What did Kennedy believe the government could do to solve economic recession?
Wiki User
∙ 13y ago
Wiki User
∙ 13y ago
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What view of economics advocates massive public spending during a depression or recession?
I believe that would be Keynesianism. John Maynard believed the government should "prime the economic pump" by creating multiple jobs and public work projects for citizens during times of recession, even if it meant running up the national debt.
Do Pentecostals believe in the Economic Trinity?
Pentecostals do not believe in the Economic Trinity.
Why did business people believe in an economic system free of government control?
Business people want less government control so that their businesses won't be highly regulated. They want to be able to expand without regard to promoting competition within the industry.
How extensive role do you think that government should play in economic development?
Opinions vary regarding the extent to which governments should participate in the economy. Some believe the government should play a large role, while others believe the role should be limited. Some even believe the government should not participate at all.
What economic system believes in free enterprise?
Capitalists believe in free enterprise as long as it suits them. When they need to, they want government support and interference too.
What did Paul Keating's government believe in?
Unbelievably high interest rates. "The recession we had to have"...
What view of economics advocates massive public spending during a depression or recession?
I believe that would be Keynesianism. John Maynard believed the government should "prime the economic pump" by creating multiple jobs and public work projects for citizens during times of recession, even if it meant running up the national debt.
What type of action did President Hoover think the government needed to take to combat the economic downturn?
Hoover did not believe that the government should lead the way to end the economic depression.
What did laissezfaire supporters believe about the role of government in economic affairs?
Entrepreneurs
What did laissez- fairs supporters believe about the role of government in economic affairs?
Entrepreneurs
What laissez faire supports believe about the role of government in economic affairs?
Entrepreneurs
What did Kennedy believe the government could do to solve the poverty abroad problem?
Kennedy believed that the government could directly assist in solving the poverty abroad problem by providing aid and resources to impoverished nations. He believed in supporting economic development and providing education and healthcare to those in need. He also advocated for international partnerships and cooperation to address the root causes of poverty and create sustainable solutions.
Some conservatives believe that a large central government?
Harms economic growth *Gradpoint*
What economic class did Thomas Jefferson believe should be in charge of the government?
he supported lower class people.
Do Keynesian economist believe that the economy is self regulating?
No, they regulate the economy by doing 2 things: 1)increasing government spending and decrease taxes to fight recession 2) decrease government spending and increase taxes to fight inflation.
Do Pentecostals believe in the Economic Trinity?
Pentecostals do not believe in the Economic Trinity.
What economic system did Colbert believe in?
Colbert, though he did not call it so in his time, operated on an economic ideology called dirigisme, one in which the government has a strong and direct influence in the economy.
