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kvasek [131]
3 years ago
10

In general terms, how, according to the Council of Economic Advisers, did the U.S. economy in 1989 contrast with the U.S. econom

y in 1981?
2.What are three specific changes that occurred in the economy during the 1980s, according to the Council?
3.Why, according to this report, did the U.S. economy change in the 1980s?
History
2 answers:
Viefleur [7K]3 years ago
4 0

Despite the recession, Reagan was able to raise the GDP in 1981 despite that tax cuts that he had done compared to what Carter did in 1989.The US suffered recession during the Vietnam War, thus the funds were concentrated in that sector in government

kirill [66]3 years ago
3 0
1. The Council of Economic Advisers described the U.S economy in the year 1981 as bleak, which it made it seem like the US economy would face a bad hit in the near future. But in contrast, on the year 1989 the economy was well and steadily improving.

<span>2. First change was that real output grew by 4.2 percent. Nonfarm employment increased by almost 19 million jobs and the inflation rate fell from double digits averaging in about 3.3 percent. </span>

3. According to the Annual Report of the Council of Economic Advisers the change in the U.S economy during the 1980’s was attributable to the economic policies fostered and implemented by the administration. Tax reform, Slower growth of federal spending and prudent monetary policy.
<span>
I hope this helps, Regards.</span>
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During the first quarter of the nineteenth century the United States grew drastically, in power and in geographical size. The Louisiana Purchase more than doubled the nation's size and opened up a little known region to exploration and eventual settlement. Soon, explorers were returning from forays into the wilderness with stories of great stretches of beauty and fertile land. Some Americans ventured westward, but the nation was largely consumed by its struggle to maintain its neutrality in the face of threats from Britain and France. The War of 1812 settled this issue, leaving the United States free to pursue North American goals. The nation turned its attention to the issue of expansion. The founding fathers had envisioned the United States as a bastion of freedom that would cover territory reaching all the way across the North American continent. Their descendents had not forgotten this desire, and encouraged expansion into western territories through laws and rhetoric.

The first wave of westward expansion accompanied the rise of manufacturing in New England and increasing mobility throughout the nation. As settlers moved to what is now the Midwest, the national infrastructure grew up around them, connecting the nation's cities and towns through a system of roads, canals and railroads. Accompanying the rise in new methods of transportation came progress in the fields of agriculture and medicine, as new machines were invented and new treatments for disease discovered. American culture developed in the form of writing, acting, and painting, and American intellectuals gained worldwide respect. Many painters and writers cited the American West as their inspiration, and the West began to symbolize the American identity: rough and rugged individualism willing to face new challenges.

However, expansion did not occur exclusively in an atmosphere of progress. The age of Jacksonian Democracy saw the rise of political strife between the ruling Democrats and the opposition Whigs. As the two-party system matured, political tension became clearly focused around the issue of slavery. As the West gradually developed, the existing states were rapidly torn apart. Economic and social divisions became accentuated and both North and South clung to their beliefs and customs.

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The problem is they don't. One day you will take a history class that talks about Hiroshima or the Holocaust. They were both tragedies of a kind that is almost impossible to record with no bias.

But what would happen if you read the history from another point of view. Suppose, which I don't think has been done in any school in North America, you were to read about Hiroshima from the point of view of the Japanese. What have they said about it? What will they teach their children? What is the folklore about it from their point of view? Undoubtedly their best historians will record it without bias, but will be the same as what we read? I'm not entirely sure.

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