Governments and central banks use fiscal policy, which involves changing the level of government expenditure and taxation to try to limit the extent of the bussines cycle. If an economy is overheating, that is expanding to quickly during a period of rapid economy; it means that industry is working at full capacity and producing as much as it is possible. in this case the govenment implements a deflationary fiscal policy by reducing the amount of economic activity by raising tax rates or cutting government expenditure. This reduces the level of demand and helps reduce inflation
The labor market changed radically. Peacetime conflicts with respect to race and labor took on a special dimension because of the pressure for national unity. The Hollywood film industry was important for propaganda. Every aspect of life from politics to personal savings changed when put on a wartime footing. This was achieved by tens of millions of workers moving from low to high productivity jobs in industrial centers. Millions of students, retirees, housewives, and unemployed moved into the active labor force. Hours worked increased as leisure activities declined sharply.
Gasoline, meat, and clothing were tightly rationed. Most families were allocated 3 US gallons of gasoline a week, which sharply curtailed driving for any purpose. Production of most durable goods, like cars, new housing, vacuum cleaners, and kitchen appliances, was banned until the war ended.In industrial areas housing was in short supply as people doubled up and lived in cramped quarters. Prices and wages were controlled. Americans saved a high portion of their incomes, which led to renewed growth after the war.
Answer:C
Explanation:I know this is right
Answer:During the Second Opium War in 1860, the Old Summer Palace was ransacked by the British and French forces and burned to destroy evidence. The site is now the Old Summer Palace Relic Park.
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