Answer:
Using deficit spending to stimulate economic growth.
Explanation:
John Maynard Keynes was a British economist born on the 5th of June, 1883 in Cambridge, England. He was famous for his brilliant ideas on government economic policy and macroeconomics which is known as the Keynesian theory. He later died on the 23rd of April, 1946 in Sussex, England.
After the New Deal and into the post-World War II era, the United States of America pursued Keynesian economic policies. This meant using deficit spending to stimulate economic growth.
Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.
A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.
According to the Keynesian theory, government spending or expenditures should be increased and taxes should be lowered when faced with a recession, in order to create employment and boost the buying power of consumers.
Answer:
Electoral College
Explanation:
Who: delegates at the Constitutional Convention
What: A system of voting for president where the populace votes for electors who cast their votes for candidates for president (usually following their party's views or the popular vote). The number of votes per state = number of senators + number of representatives in the House of Representatives.
When: created 1787
Where: Philadelphia, Pennsylvania
Why: Because, in the founders' eyes, the average the average citizen wasn't smart or well versed enough in politics to actually choose their own president.
Significance: This is the system that is still used today to pick the president.
Answer:
Brazil moved its capital from Rio de Janeiro to Brasilia to assert its independence, exchanging a colonial capital on the coast for a new interior capital. The interior, underdeveloped, location of the new capital allowed a fresh start as well as an opportunity to develop the region.
Explanation:
Answer:
it helped them tell the king how they deserved freedom and equal rights and protection
De Tocqueville observed a laissez-faire government in the United States, which meant that the government allowed businesses and commercial activity to occur with little governmental oversight. Laissez-faire is French for "hands off," thereby implying a disconnected role between government and business, a policy that led to the creation of huge monopolies, wealth inequality, and the Gilded Age in the late 1800s.
