The government regulates the economy for the benefit of the public through two approaches: monetary policy and fiscal policy. Through monetary policy, the government exercises its power to regulate the money supply and level of interest rates. Through fiscal policy, it uses its power to tax and to spend.
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I believe you meant the red scare"" ... it was mass hysteria scare over the spread of communism in the US and the rest of the world
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As nouns the difference between history and culture
is that history is the aggregate of past events while culture is the arts, customs, and habits that characterize a particular society or nation.
History Builds Empathy Through Studying the Lives and Struggles of Others. Studying the diversity of human experience helps us appreciate cultures, ideas, and traditions that are not our own – and to recognize them as meaningful products of specific times and places.
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