Nuclear fear led to a new market for fallout shelters. Home economics classes taught girls how to stock such a shelter with food and supplies in the event of a nuclear attack. The government created official films on shelters, praising their value and advising homeowners on how to use them.
According to the theory of supply and demand, the market is self-adjusting and companies compete by prices, so the government should interfere as little as possible in the economy.
The government of Ronald Regan followed this logic and was considered a neoliberal government, which advocates reducing the taxation of companies as a form of incentive to production and consequently to the supply of economy, since the productive activity of the companies corresponds to the aggregate supply of an economy (everything that goes on sale in the market).
In addition to the reduction in corporate taxation, the economic package called "Reaganomics" implemented a reduction in public spending, a reduction in income taxation and a deregulation of the economy. The consequences were economic growth, but with increasing social inequality between rich and poor.
Answer: Umm i got this from an an article and made it shorter
Explanation:
After the World War I, with millions washed away, people thought it was the end, but the break of World War II was even more worst than World War I. World War II or also known as the Second World War was fought between 1939 – 1945 in the Europe and Asia.
It was the worst of wars where more than 38 million people died and the most destructive war in the history of mankind. More than 50 nations took part in the war and it did change the world forever.
After the World War I, though the peace treaty was signed, this was the actual cause for another war. Germany was totally devastated from the war and it was then the Nazi Leader Hitler who took over and started his rule. It was the conquering of Europe by Hitler that eventually began the World War II from Europe. His invasion to Poland was the reason. Germany tried to conquer Britain but failed as they could not beat the Britain Royal Air force.
This was the largest armed battle in the history with the usage of deadly weapons, warplanes, battleships and first usage of nuclear bombs which took place. There was killing of innocent people in massive scale. By 1939, Germans troops invaded Poland and by 1941 the US also joined the war thereby taking the leadership too. By 1945, Germany surrendered thereby ending the war in Europe.
However the war in the Pacific did not end, until the US dropped two atomic bombs in Japan which was the most devastating action in history and by 1945 Japan also surrendered.
The after effects of this World War II is still being suffered by the people of Japan, even after decades has passed by. The World War II was one among the most destructive wars in the history of the world.
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