Answer:
Traditional and non mainstream cultural activities that are not financially driven are referred to as: <u>Folk culture</u>.
Explanation:
Folk culture refers to the set of artistic manifestations or cultural patterns of the popular classes. Folk culture includes all those cultural productions that are created and / or consumed by the lower or middle classes, that is, it refers to the forms of culture traditionally attributed to disadvantaged social classes. This designation is used to differentiate it from high culture, official or academic culture. Folk culture owes its existence to the multiplicity of relationships that coexist in a society and it is appreciated in the diversity of that or those unrepeatable characteristics and that in turn commune with traditions and unconventional activities / renovations generated in other environments.
Answer:
they donate funds to campaigns
Explanation:
"They reduce disposable income" explains how contractionary policies can hamper economic growth
<h3>Further explanation
</h3>
Disposable income is the amount of money that households have,available for spending and saving after income taxes accounted.
Expansionary fiscal policy is an increase in government expenditures, also a decrease in taxes that causes the government's budget deficit to increase or its budget surplus to decrease. In short, expansionary fiscal policy boosts economic growth by lowering interest rates.
Whereas contractionary fiscal policy is defined as a decrease in government expenditures, also an increase in taxes that causes the government's budget deficit to decrease or its budget surplus to increase. Contractionary money policy is used to combat inflation. In short, contractionary fiscal policy hamper economic growth by increasing interest rates.
Contractionary policy increases the cost of borrowing. It can decreases GDP and dampens inflation, but also leads to reduced disposable income. Another negative side effect is it makes an increase in the unemployment rate. Disposable income itself is the amount of money that households have, available for spending and saving after income taxes accounted.
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<h3>Answer details</h3>
Grade: 9
Subject: social studies
Chapter: hamper economic growth
Keywords: hamper economic growth
The Four Asian Tigers, Four Little Dragons or Four Asian Dragons, are the economies of Hong ... Thesetwo<span> countries did this by promoting export-oriented industrializations which turned a ..... Developed country</span>
