Ans: Criticisms of Keynesian Economics
Borrowing causes higher interest rates and financial crowding out. Keynesian economics advocated increasing a budget deficit in a recession. However, it is argued this causes crowding out. For a government to borrow m
“Congress shall make no law respecting an establishment of religion . . . or abridging the freedom of speech or of the press.”
Answer and Explanation:
Hamilton's vision of America's future tested Jefferson's optimal of a country of ranchers, working the fields and keeping up individual flexibility by ideals of land proprietorship. Alexander Hamilton offered a surprisingly current financial vision dependent on venture, industry, and extended business.
- An agrarian republic made up of independent ranchers.
- A financial powerhouse that matched Britain.
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An economy dependent on pay work.
- A country whose states and regions should hold the greater part of the power.
