Taxation and war
what are the basic economic problems facing nigeria and their possible solutions
Depression and Unemployment.
They faced multiple problems...though the main ones were national debt,and the arguments over Government power balance.
The economic problems of the early 1970s, characterized by stagflation—simultaneous high inflation and unemployment—illustrated the limitations of Keynesian economic policies that had dominated post-World War II economics. These issues revealed the challenges of managing a mixed economy facing external shocks, such as oil price hikes and shifts in global trade dynamics. Additionally, they marked a pivotal shift towards more market-oriented policies and a reevaluation of government intervention in the economy, ultimately leading to the rise of neoliberalism in subsequent decades.
Economic System
The problems to be solved at the meeting in Annapolis included:the relationship between the states and the central governmentthe powers of the national legislaturethe need for executive leadershipthe establishment of policies for economic stability
Most problems and policies require the authority and resources of the national government.
He wanted to help ease the economic problems of his country.
It created economic problems .
National debt. Hamilton solved it by creating a national bank
National debt. Hamilton solved it by creating a national bank
No. Though it may help
State creation alone is not a panacea for national development as it can lead to administrative and governance challenges, such as division of resources and duplication of efforts. National development requires comprehensive strategies that address various aspects like education, health, infrastructure, and economic policies, not just territorial restructuring. Good governance, effective institutions, and inclusive policies are essential for sustainable development, regardless of state boundaries.
tries to help business to succed, even though some are having economic problems
The national debt due to the revolutionary war
The national debt due to the revolutionary war
They faced multiple problems...though the main ones were national debt,and the arguments over Government power balance.