Answer:
Explanation: Before we tackle this question we must look at a bit of background information. There are two economic schools of thought
-Keynesian
-Supplyside
- In keynesian economics, the government believes that in order to increase the supply, Congress must invest in the society, therefore increasing the deficit.
- <em>In supply side economics, the govt believes the only way to stimulate the economy is through de-regulation, so the govt would actually generate less revenue</em>
<em>- During times of depression keynesian economics are often seemed to be most effective.</em>
Answer:Andrew Jackson's presidency was democratic in more ways than one. Not only was he the first president to be elected who belonged to the Democratic party, he was also the first president not to belong to that upper-class landholding group that helped found our nation.
Explanation:
The problem was that the confederation printed it without thinking much about it which resulted in there being a lot of it and it essentially became worthless because they printed money when they needed it instead of growing the economy. Trading partners became wary and stopped trading with them.
