Question

Summarize the ways in which fiscal policy has affected our country since world war ii.

Answer 1

From the Great Depression to World War 2, the US was relatively quiet with Fiscal Policy. However, when the war began, the United States began spending a ton to support our military. This resulted in our economy making it's turnaround from the GD, this made the US realize the importance of Fiscal Policy and the positive effects it can have on an economy.