This term was used to describe the economic plan of president reagan.

1 answer:

5 0

Prior to the Reagan administration, the United States economy experienced a decade of rising unemployment and inflation (known as stagflation). Political pressure favored stimulus resulting in an expansion of the money supply.

You might be interested in

Triva what is cave game?????

vodomira [7]

Answer:

mencraf

Explanation:

8 0

2 years ago

List a wide range of words relating to WW1 EG: armistice, trench, propaganda

charle [14.2K]

Answer:

Armistice: truce, ceasefire, suspension of hostilities, cessation of hostilities, peace, break, respite, lull, moratorium, treaty, peace treaty, and letup.

Trench: ditch, channel, trough, excavation, pit, furrow, rut, conduit, cut, drain, , waterway, watercourse, earthwork, entrenchment, moat, fosse, and sap.

Propaganda: information, promotion, advertising, advertisement, publicity, advocacy, spin, newspeak, agitprop, disinformation, counter-information, brainwashing, indoctrination, the big lie, info, hype, and plugging.

7 0

3 years ago

How did tariffs help create a stable economy in the early republic?

Novay_Z [31]

George Washington chose the talented ALEXANDER HAMILTON, who had served with him throughout the Revolutionary War, to take on the challenge of directing federal economic policy as the treasury secretary. Hamilton is a fascinating character whose ambition fueled tremendous success as a self-made man. Born in the West Indies to a single mother who was a shopkeeper, he learned his first economic principles from her and went on to apprentice for a large mercantile firm. From these modest origins, Hamilton would become the foremost advocate for a modern capitalist economy in the early national United States.

Hamilton's influential connections were not just with Washington, but included a network of leading New York merchants and financiers. His 1780 marriage to ELIZABETH SCHUYLER, from a wealthy Hudson River valley land holding family, deepened his ties to rich and powerful leaders in New York. His innovative financial policies helped overcome the fiscal problems of the CONFEDERACY, and also benefited an economic elite with which he had close ties.

Explanation:

7 0

2 years ago

Summarize feudalism in western europe

elena-s [515]

Answer:

Maybe you should ask yourself this question m8

Explanation:

3 0

2 years ago

Compare the Asian & west European roles in the world economy that developed in the Early Modern period.

sasho [114]

Andrew Carnegie was the innovator that was most responsible for making the United States a world economic power. The correct option to the given question is option "D". Andrew Carnegie was the person that introduced Bessemer process of steel production. His company was the first United States company that was made into a corporation and got valued over 1 billion dollars.Andrew Carnegie was born on 25th November in the year 1835 and died on 11th of August in the year 1919.During the later stages of his life, he contributed about $350 million towards charity.

8 0

2 years ago