The Federal governemnt tried to stop the tide of the Great Depression by implementing the New Deal.
The New Deal was a series of domestic programs and agencies created by Franklin D. Roosevelt and Congress. The goal of the New Deal was to help the American economy recover, provide relief for banks and businesses, and reform institutions that failed at the beginning of the Great Depression.
This New Deal resulted in the creation of several different federal works programs that would employ hundreds of thousands of citizens over the course of almost a decade. These agencies included the Conservation Civilian Corps, the Tennessee Valley Authority, and the Works Progress Administration.
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.
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the answer is actully the committee of five. i just took the quiz
The occupied peoples were encouraged to adopt western European business practices, languages, alphabets, and attire. And were encouraged to assume western European education systems, literary and artistic standards, and to convert to Christianity
