A and B, they pillaged and traded with other countries throughout the course of history, and in order to do this they needed to travel by water given that trees were readily available to make boats. This helped them survive throughout history.
Colonies
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Answer:
Using deficit spending to stimulate economic growth.
Explanation:
John Maynard Keynes was a British economist born on the 5th of June, 1883 in Cambridge, England. He was famous for his brilliant ideas on government economic policy and macroeconomics which is known as the Keynesian theory. He later died on the 23rd of April, 1946 in Sussex, England.
After the New Deal and into the post-World War II era, the United States of America pursued Keynesian economic policies. This meant using deficit spending to stimulate economic growth.
Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.
A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.
According to the Keynesian theory, government spending or expenditures should be increased and taxes should be lowered when faced with a recession, in order to create employment and boost the buying power of consumers.
The question is supposed to be an Essay. I can't help you write your Essay but I can show you how. First, ensure that you study the actions of Roosevelt between 1900 and 1940, as well as the New Deal Policy.
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How do you write an Essay?</h3>
As you do your research, ensure that you take notes of very key points. Arrange them chronologically because your essay relates to a historic event.
Next, create an outline depending on how many words you have been asked to write. a 500-word essay should have about 5 paragraphs.
The first and the last paragraph must be the Introduction and the Conclusion respectively. Introduce your key submission at the introduction. Make sure to restate them again at the conclusion.
Use the body of the essay (that is the other three paragraphs to buttress your position on Roosevelt's actions and the New Deal Policy.
Learn more about Essays at:
brainly.com/question/1448869
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