The total amount of money in circulation or in existence in a country.
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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Answer:
Most African Americans did not want to return to Africa because they felt more connected to the United States. Efforts to colonize black abroad were often a response to the phasing out of slavery in the aftermath of the American Revolution. Some believed that it was not possible for free or formerly enslaved people to live in harmony with one another in the United States. Organizations such as the American Colonization Society, formed in 1817, attempted to carry out this mission.
Explanation: Colonization was an attempt to settle large numbers of African Americans in other parts of the world.
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