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Alexandra [31]
3 years ago
12

Drag and drop the descriptions to the appropriate country.

Social Studies
1 answer:
solniwko [45]3 years ago
7 0

Answer:

thank for points

Explanation:

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Supply-siders' policy recommendations include: a. lower tax rates, spending increases, and decreased government regulation. b. l
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Answer:

The correct answer is D) Lower tax rates, lower resource prices, and decreased government regulation.

Explanation:

Supply-side economics policy focus on the supply. It tries to boost production so that consumer benefit from more goods at a lower price.

Supply-siders believe that lower tax rates result in more economic growth, which in turn actually increases government revenues, a theoritcal position known as the Laffer Curve.

Supply-siders also believe in deregulation. They find regulations to be an obstacle, especially for small businesses.

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Explanation:

The Great Depression of 1929 was a time the stock market collapsed in the United States, and this was immediately preceding World War I. It led to a huge decline in the country's economy. The Great Depression did not only affect the country's economy but also politics as capitalism declined.

As a result of the Great Depression, unemployment increased, the banks in the states could not lend out money, and neither could they get profit in return, people could no longer afford to pay for housing which rendered many homeless, etc. However, efforts were made under the administration of  Herbert Hoover, which failed.

With the era of Franklin D. Roosevelt, a program was created named the "New Deal" which helped cure the economic crisis.

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