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If an economy were in collapse, the government would use policies to encourage an upswing by developing more money by buying government bonds. They would also lower interest rates to persuade people to spend more money.
In the simplest terms 2/3 of the economy is driven by consumer demand. Consumer demand is bouyed by consumer confidence. If the American people are confident in the government and the future they spend money which creates demand for consumer products and thus the economy grows. The government issues policies and reports on economic indicators to further boost the consumer confidence.
Laissez-faire economic policies Civil War and 1900 results was
government policies
Leaving it alone.
to help the government develop policies to encourage economic growth and protect the environment.
If an economy were in collapse, the government would use policies to encourage an upswing by developing more money by buying government bonds. They would also lower interest rates to persuade people to spend more money.
In the simplest terms 2/3 of the economy is driven by consumer demand. Consumer demand is bouyed by consumer confidence. If the American people are confident in the government and the future they spend money which creates demand for consumer products and thus the economy grows. The government issues policies and reports on economic indicators to further boost the consumer confidence.
An example of stimulating the economy would be when the government implement policies like tax cuts or increasing government spending to encourage consumer spending and business investment, in order to boost economic growth. This can help create jobs, increase production, and drive overall economic activity.
Laissez-faire economic policies Civil War and 1900 results was
Low taxes and cutting government spending.
government policies
Leaving it alone.
Leaving it alone.
Leaving it alone.
Leaving it alone.
Government Economic policies did not lead to the great Depression. The Great Depression started out as a normal recession as part of a business cycle. However, bad government policies (e.g. protectionism) has worsened the recession and turned it into what we now know as the Great Depression.