The government regulates the economy for the benefit of the public through two approaches: monetary policy and fiscal policy. Through monetary policy, the government exercises its power to regulate the money supply and level of interest rates. Through fiscal policy, it uses its power to tax and to spend.
Answer:
In the 1930s, the United States abandoned the gold standard because the government wanted to rapidly expand the money supply in response to the Great Depression.
Explanation:
The Gold Standard monetary system was abandoned during the years after the Great Depression of 1929 to prevent prices and wages from falling in response to a general reduction in global demand, so that adjustments fell on the total amount of employment. Under these conditions, the depreciation of the exchange rate (that is, the abandonment of the pure gold standard) was considered "less painful" (in order to reduce exports). This prevented the reduction of wages, especially since the pressure of the unions imposed this kind of policy in some way. And all this in addition without taking into account that all countries, sooner or later, would adopt the same policy, resort to devaluation, with which the destruction of employment for years was inevitable.
Answer:
I Believe the answer is: Personal records Personal record revers to a form of primary source which information is derived from the observation or the experiments that being done by the source writers themselves. In most cases, personal records are created by experts on the relevant fields.
Explanation:
Answer:
The Ku Klux Klan was originally an American Protestant "white power" organization founded by Southern State veterans in 1865, but dissolved in 1880. The KKK was against black people and didn't think they deserved rights.
Explanation:
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