History
A sharp increase in prices, but the value of money does not increase.
What is inflation?
The government does to get money into peoples hands. They ask other countries.
What is borrow money?
Who supply side economists believe are not smart enough to fix the economy.
What is government?
He replaced Lenin.
Who is Stalin?
This organization regulates international trade
What is WHO?
A period that started with the stock market crash.
What is the Great depression?
Wha the government creates so that people can get money
What are jobs?
This theory argues that when producers succeed, benefits will be passed down to workers.
What is trickle-down-theory?
This does not exist in a communist society.
What are classes?
This organization provides long term development money for developing countries.
What is The World Bank.
A period of great optimism after WWI, in which many people got rich and had jobs?
What is the roaring 20s?
What is reduced in a demand economy for the consumer but increased for the producer
What are taxes?
What supply side economists want governments to do with government run businesses.
What is privatize?
It is the term that describes production limits or production amounts.
What is quota?
This debt is held by corrupt countries, The people are left with no services and have to pay it back.
What is odious debt?
The period between WWI and WWII
What is the interwar period?
What is required to fix the economy is a recession
What is government intervention?
What are reduced for businesses in a supply side economy.
What are taxes?
In a communist economy, this body controls all aspects or production and decision making.
What is the government?
This international organization provides short term loans to developing countries that are in debt.
What is IMF?
The term that decribes an economy during war.
What is a war economy?
In a demand economy, this group pays more taxes.
What are producers?
This is cut in a supply side economy.
What is government spending?
The USA plan that sent money to European countries to rebuild after WWII to prevent communism from spreading.
What is The Marshall Plan?
This is the area (KM) of earth needed to sustain your lifestyle.
What is ecological footprint?