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:
brainly me
Answer:
An oligarchy.
Explanation:
Oligarchy is a political concept that refers to minority rule, in which few people rule by having access to capital or inherited title. Informally, the term oligarchy can generally refer to a limited group with great power, often in a political system with or without formal democratic elements.
Oligarchs sometimes rule in formal democratic systems where dominant politicians constitute a small elite that recreates its parliamentary influence by controlling key economic resources and extensive personal networks. New democratic states are often used as examples of this, but there are also examples of oligarchy tendencies in established democratic political systems.
