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tekilochka [14]
3 years ago
13

The three important reasons for studying history are

History
1 answer:
aleksandrvk [35]3 years ago
6 0
Important reasons for studying history are recognizing patterns, connecting the past to the present and revealing past contributions of civilizations.
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What type of economic system do communist countries have?
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Command Economic System

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What was a result of the Peloponnesian War?
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Greece began to decline

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How can expansionary and contractionary tax policies be used to manage the economy? Be sure to give your answer in two to three
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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>


</span>
7 0
3 years ago
Read 2 more answers
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