They traded goods, They Farmed and made bricked house as well as making toys out of clay pottery
Answer:
d. begin spending money again
Explanation:
Saving is seen to be detrimental to economic activity, as it weakens the potential demand for goods and services. Economic activity is depicted as a circular flow of money. Spending by one individual becomes part of the earnings of another individual, and vice versa.
To increase economic growth
Lower interest rates – reduce the cost of borrowing and increase consumer spending and investment.
Increased real wages – if nominal wages grow above inflation then consumers have more disposable to spend.
Higher global growth – leading to increased export spending.
Answer: Economic reform programs that needed to get the country out of financial dubious.
Explanation:
- The "New Deal" is a program of economic reforms that needed to get America out of the financial crisis. These are also the long-term reforms that have made America the number one economic force in the world. The "New Deal" meant reforming the banks, and to this end, a number, and some permanently, of several banks were closed to audit their operations. This reform program also entailed a boost for the troubled US industry. Also, through this program, aid was intended to help farmers, because over a million of them were left without their properties.
- When Roosevelt took over as president, he created new programs that were supposed to ease the economic situation and stimulate the country's economic recovery. These programs are known as "Alphabet Soup". To this end, a public works program was launched. People were recruited for the reconstruction of roads, airport parks, etc. This program alone employs millions of people.
