Some Economic causes for Imperialism include: -search for new markets and competition for these new markets by the great powers. -want to gain profit from places such as Asia and Africa. -Need for natural resources such as coal to help power industries.
Supporters of supply side economics believe in low marginal tax rates as high taxes have a negative influence on economic output. They believe that economic growth can be most effective when there is a great supply of goods and services at low prices.
After World War I, closed trade markets led to economic turmoil in the U.S. as they restricted exports and limited access to international markets. This contributed to overproduction and a surplus of goods, which drove prices down and hurt American farmers and manufacturers. The resulting economic dislocation was one of the factors that contributed to the onset of the Great Depression in the 1930s, as demand weakened and unemployment rose. Ultimately, these closed markets hindered recovery and growth in the post-war economy.
The continuum of faith in free markets:Marxist-no faithKeynesian-some faithChicago School-great faithAustrian School-complete faith(I am "post-Chicago," so perhaps "good faith" or an original Smithian, Classical School. Our goal should be competitive markets not free markets.)visit http://sorenlaw.blogspot.com/
The Great Depression profoundly influenced the evolution of macroeconomics by highlighting the limitations of classical economic theories, which assumed self-correcting markets. In response to the widespread economic collapse, economists like John Maynard Keynes advocated for active government intervention to stabilize economies, leading to the development of Keynesian economics. This shift emphasized the importance of aggregate demand, fiscal policy, and the role of government in managing economic cycles, fundamentally altering macroeconomic thought and policy frameworks. The lessons learned from the Great Depression continue to shape economic policies and theories to this day.
who are some of the great thinker of the past
Depression? I believe the aftermath of a huge World war caused that.
i need answers badly
maimonides
Some Economic causes for Imperialism include: -search for new markets and competition for these new markets by the great powers. -want to gain profit from places such as Asia and Africa. -Need for natural resources such as coal to help power industries.
The philosopher was a great thinker.The best thinker invented a new product.
Nietzsche
ching chong the china man
Maimonides
John Maynard Keynes believed that the Great Depression was primarily caused by a lack of aggregate demand in the economy. He argued that insufficient consumer spending and investment led to widespread unemployment and business failures. Keynes criticized the classical economic theory that advocated for self-correcting markets, asserting instead that government intervention was necessary to stimulate demand and restore economic stability. His ideas laid the foundation for modern macroeconomic theory and policies aimed at managing economic cycles.
Supporters of supply side economics believe in low marginal tax rates as high taxes have a negative influence on economic output. They believe that economic growth can be most effective when there is a great supply of goods and services at low prices.
Strict control on stock speculation