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olga_2 [115]
3 years ago
7

Identify the role of confidence in both the boom and crash of the u.s economy

History
1 answer:
Marianna [84]3 years ago
8 0
Confidence plays a very large role in both economic "booms" and "crashes," since when confidence is high, people are willing to invest more in companies since they are confident the companies will continue to do well. When confidence is low, however, they are hesitant to invest since they think the company may fail. 
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John dean’s testimony against President Nixon was damaging because he have been an important official in the White House.

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