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leva [86]
3 years ago
15

Why is the slow growth that can result from a con traction airy policy positive effect

History
1 answer:
raketka [301]3 years ago
4 0
It can be great if it ends an inflation since it's good against an inflation. This is what happened in the US in the 19th century when a very successful contractionary policy was implemented to end a deflation that was completely ruining the value of money and people were becoming extremely poor. It's because it reduces government spending all at once.
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How did the Renaissance impact society socially,politically, and religiously?
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The most prevalent societal change during the Renaissance was the fall of feudalism and the rise of a capitalist market economy, said Abernethy. Increased trade and the labor shortage caused by the Black Death gave rise to something of a middle class.

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Governments in the Renaissance focused on reducing the impact religion had on the economy and politics of their society. Wealth began to impact politics more, such as the Medecci family, who accumulated huge profits and which were used to finance cultural and political activities.

RELIGION

During the Renaissance, people increasingly began to see the world from a human-centered perspective. This had a powerful impact upon religion. Increasingly, people were paying more attention to this life rather than the afterlife. Eventually, humanism brought about a spirit of skepticism.

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