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When the globalized economy, the economy of all countries, are in negative growth.
Germany's economy is market economy
Toyota has been affected by the economy. Just as the economy had a downturn so has sales from Toyota. Toyota's sales are reflective of the current economy.
It was an oil-exporting nation
Germany has the fourth-largest economy in the world, after the United States, China, and Japan. It is known for its manufacturing excellence, particularly in the automotive and engineering sectors. Germany is also a major exporter of machinery, chemicals, and electronics.
Germany's economy inflated after the holocaust.
It was an oil-exporting nation
Many believe that our economy is recovering from its latest downturn.
Germany has a free market economy to a great extent. The country has a social market which operates on the principles of a free market economy.
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Keynesianism is an economic theory that advocates for government intervention in the economy, particularly during times of economic downturn, to stimulate demand and spur growth. It emphasizes the role of aggregate demand in shaping the overall economic output. This can be achieved through measures like government spending programs and monetary policies to stabilize the economy.