Question 1:
There were sparking fundamental changes in economic institutions, macroeconomic policy, & economic theory.
Question 2:
1) Stock Markets Crash of 1929
2) Bank Failures
3) Reduction in purchasing across the board
It cause the natives to change their culture and the world around them
The religious institution demonstrate simplicity by encouraging people to follow the testimony of simplicity and to have a simple lifestyle.
<u>Explanation:</u>
The religious institutions of the Christianity religion state that simplicity is the theme of the religion. People should have a simple living style and should only focus on the things which are important for them in their lives.
They should not pay much attention to the things which are not very important in life. According to St. Thomas, god is infinitely simple and so should be his people. Thus religion encourage the people to follow the testimony of simplicity.
Answer:
In part, this balanced approach was likely motivated by the significant slowdown in U.S. productivity growth, uptick in inflation, and, by the mid-1970s, doubling of the unemployment rate that coincided with the expansion of federal oversight into areas such as environmental quality. 2 To better understand the potential effects of environmental regulation on the economy several government reports were commissioned to investigate the potential impacts on a wide array of measures, including national economic growth, industries and firms, employment, and consumers (e.g., U.S. CEQ, 1971).
Explanation:
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