Expansionary and contractionary policies can be used to encourage or discourage economic growth. Expansionary policies generally lower taxes and give consumers and producers additional money, which encourages spending and growth. This is done when unemployment is high. On the other hand, contractionary policies generally raise taxes, which can give consumers and producers less to spend. This can cause less economic growth, but is necessary when the economy is growing too quickly and inflation is rising.
the difference between expansionary policy and contractionary policy
expansionary policies are used to stimulate the economy and reduce unemployment
<span>contractionary polices are used to reduce economic growth and combat inflation</span><span>
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President Harding's economic policies during the 1920's contributed to the rise of consumerism.
Ur answer should be judaism
It really depends on the perspective you put it into. If you were a African that was taken from your home land, and forced to board a ship with hundreds of other Africans were you could barely stand, wouldn't you say the trade of slaves? But this also brought economic wealth to the Americas and it also help support the trade of sugar. This can be debatable though.
