Answer:
A. A government program to help poor Americans
Explanation:
The War on Poverty is considered to be the unofficial name for the first legislation introduced by United States President Lyndon B. Johnson during his State of the Union address on Wednesday, January 8, 1964.
The purpose of this legislation is to combat national poverty rate of around nineteen percent in US, which will make the country a more equitable and just place to live.
War on Poverty legislation, provided benefits in social security and health insurance, food stamps, and improved schools, and Economic Opportunity Act of 1964.
The economic growth rates gives information on how fast the economy is growing,and is calculated by comparing the economic output (measured as the Gross Domestic Product or GDP) of two subsequent periods.
<u>The two main determinants of GDP/economic growth are:</u>
- Productivity increases caused by more efficient use of inputs (labor, capital) and implementation of innovation.
- Accumulation of physical capital
<u>Effects of economic growth</u>
- Larger amount of goods and services are available in the country and ready for consumption
- High employments levels, as workers are necessary to manufacture that large quantity of goods and services. As GDP has grown, so have done employment figures.
- More employment brings boosts on aggregate demand and generate further growth as business will keep on trying to serve the whole demand.
- As demand grows it is quite likely that prices do so too, therefore economic growth would increase the inflation rate (not necessarily a problem if such growth is not too large and remains stable).
- Productivity increases and implementation of innovations make national firms more efficient and competitive in the international markets.
governments worries about its use as a tool for political change-apex
<span> he was white South African prime minister who worked with Nelson Mandela to end the Apartheid</span>
