Answer:
Taxes influence the economy by determining how much money the government has to spend in certain areas and how much money individuals should spend. ... A cut in taxes provides families with extra money, which the government hopes will, in turn, be spent on goods and services, thus spurring the economy as a whole.
Explanation:
i dunno if this is qualified as right or sum but lets hope lol
In the past past, during Great Depression no one liked them because they had a whole bunch of rights and things that the poor/ lower class didn’t. Also in 1800s the upper class was the kings and rich men of the world, no one liked them because they were greedy and didn’t care for others but themselves
Answer:
The 1970s saw some of the highest rates of inflation in the United States in recent history, with interest rates rising in turn to nearly 20%. Central bank policy, the abandonment of the gold window, Keynesian economic policy, and market psychology all contributed to this decade of high inflation.
Answer:
According to a source:
Red Scare Impact The Red Scare was hysteria over the perceived threat posed by Communists in the U.S. during the Cold War between the Soviet Union and the United States, which intensified in the late 1940s and early 1950s. (Communists were often referred to as “Reds” for their allegiance to the red Soviet flag.)
Hope this helps!
