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Economics
Reserve Labor Force
The drastic decrease in the power of unions
tripling
During the economic boom, advertisers tried to show a lifestyle that consumers would want to copy.
Economics
Reserve Labor Force
The drastic decrease in the power of unions
tripling
It expanded
During the economic boom, advertisers tried to show a lifestyle that consumers would want to copy.
No capitalism does not advocate government action to stop boom and bust cycles in the the economy. The economic theory of Keynesian is usually what advocates it.
No, France and Britain did not experience an economic boom. As a matter of fact, during the 1970s Britain experienced severe inflation and worker strikes. By 1972 over a million people were unemployed. It was a time of dismal economic decline. Conditions were much the same in France.
raise taxes to avoid-out-of-control economic growth
A boom is a period of rapid economic growth, prosperity.
The country was doing really well as it had experienced an economic boom and there was a lot of jobs being created.
boom/growth