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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Federal bureaucracy<span> refers to the organization of government offices that implement public policy. Highly complex societies require </span>federal bureaucracy<span> to manage public programs and ensure the enforcement of legislation. so the </span><span>constitution makes the president the chief administrator of the federal government</span>
The German-Soviet Non-Aggression Pact of 1939 was the name of the pact that Hitler and some other people signed.
Answer:
The Walmart Effect is a term used to refer to the economic impact felt by local businesses when a large company like Walmart (WMT) opens a location in the area. The Walmart Effect usually manifests itself by forcing smaller retail firms out of business and reducing wages for competitors' employees.
or in book way:
The Wal-Mart Effect is a 2006 book by business journalist Charles Fishman, a senior editor at Fast Company magazine, which describes local and global economic effects attributable to the retail chain Walmart.
