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Why was the US able to adjust its economy from wartime to peacetime a lot easier then other countries?
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What was the invisible hand theory propsoed by Adam smith?
the economy will automatically adjust to the needs of buyers and sellers
What was the invisible hand theory proposed by Adam smith?
the economy will automatically adjust to the needs of buyers and sellers.
What theory of the economy led to the assertion that markets self-adjust to deviations from their long-term growth trend?
Classical Theory
What is discretionary fiscal policy and built in stabilizer?
built in stabilisers also known as automatic stabilisers/non-discretionary fiscal policy that automatically adjust for cyclical upswing and downswing imbalances in the economy. they are a form of fiscal policy which auto-adjust the economic imbalances without any form of intentional/discretional intervention of policy formulators. this id contrary to the discretionary fiscal policy, which involves active involvment of policy makers through the intentional use of tax and expenditure to regulate the economy.
Socialistic economy vs capitalistic economy?
Socialistis believe a country's resources should be used accordingly to a plan that's formulated by manufacturers, farmers, workers, and government officials working together. Socialists hope to adjust production to the needs of all people. A capitalistic economy on the other hand, is a free-enterprise system that's rooted in private property and markets. This gives freedom to individuals and businesses to posses and dispose of goods, services, and resources.
What happened after wwll the US was better able than its allies to adjust its economy from wartime to peacetime because the US suffered no...?
This is a statement and not really a question. It also requires you to give a critical thinking answer and is homework. We don’t do homework and you need to answer it.
After World War 2 the US was better able than its allies to adjust its economy from wartime to peacetime because the US?
The US sold war bonds during the war. also because of Lend lease and Cash and Carry acts that were established during the war.
Why was it harder for southerners than northerners to adjust to peacetime?
because they had easy farming
How can people adjust to different countries?
they use different culture
What was the invisible hand theory proposed by smith?
the economy will automatically adjust to the needs of buyers and sellers.
What was the hand theory proposed by Adam smith?
the economy will automatically adjust to the needs of buyers and sellers.
What was the invisible hand theory propsoed by Adam smith?
the economy will automatically adjust to the needs of buyers and sellers
What was the invisible hand theory proposed by Adam smith?
the economy will automatically adjust to the needs of buyers and sellers.
What problems are caused by no catalytic converter?
Check engine light,low power, low fuel economy, (when the computer tries to adjust the oxygen sensor readings)highly illegal.Check engine light,low power, low fuel economy, (when the computer tries to adjust the oxygen sensor readings)highly illegal.
What theory of the economy led to the assertion that markets self-adjust to deviations from their long-term growth trend?
Classical Theory
How has the economy of Luxembourg adjust to the decline of its steel industry?
By diversifying with high-tech and service companies. BTW Follow Me On Instagram Smurfing_Aewsome
Why was it harder for southerners than for northerners to adjust to peacetime?
k NEW RESPONDENT. They had to restore their economy on new bases, which were no more those mainly based upon the labour of slaves. They had to rebuild their destroyed cities, mills, roads and railroads. All that gigantic work had to be brought forward in full respect of laws and rules imposed by a hostile Radical Republican congressional majority, which wanted the Southerners to pay the penalty of the secession and war, rather than to help them to recover from their awful situation.
