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Intentionally keeping groups of people unemployed during periods of economic recession until they are needed for the next economic boom is a strategy by the government to establish what is called an?

Economics


Intentionally keeping groups of people unemployed during periods of economic recession until they are needed for the next economic boom is a strategy by the government to est?

Reserve Labor Force


How did the federal government contribute to the economic boom of the 1950s?

The drastic decrease in the power of unions


How was the labor organization activity affected during the economic boom of the 1920s?

It expanded


During the 1950s America experienced an economic boom with the average income?

tripling


What happen during economic boom advertisers?

During the economic boom, advertisers tried to show a lifestyle that consumers would want to copy.


Does capitalism advocate government action to stop boom and bust cycles in the economy?

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.


During the 1970s did France and Britain experience an economic boom?

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.


How would the U.S. government most likely react to a boom in the economy?

raise taxes to avoid-out-of-control economic growth


What were 2 reasons for the economic boom of the 1950?

The economic boom of the 1950s was largely driven by post-World War II consumer demand and government spending. As soldiers returned home, there was a surge in household formation and consumer spending on goods like cars and appliances. Additionally, significant government investment in infrastructure, particularly through initiatives like the Interstate Highway System, stimulated job creation and economic growth. These factors combined to create a prosperous and expanding economy during the decade.


What is a boom in a business?

A boom is a period of rapid economic growth, prosperity.


What is a sentence for economic boom?

The country was doing really well as it had experienced an economic boom and there was a lot of jobs being created.