A very detail factsheet of the US economic changes during the 1940s to the 1980s, following the topic of A level history syllabus. Pictures and links and essay examples are included.
Why was the 1940-1960 a time of economic
prosperity?
-President during this period
-Write down the successes and the failures of this time
-Attache Quizlet
http://www.let.rug.nl/usa/outlines/economy-1991/a-historical-perspective-on-the-america
n-economy/the-post-war-economy-1945-1960.php
Economy in the 1950s shmoop:https://www.shmoop.com/1950s/economy.html
A brief intro into how the US economy works!
Monetary Policy vs. Fiscal Policy
Monetary policy and fiscal policy refer to the two most widely recognized tools used to
influence a nation's economic activity.
Monetary policy is primarily concerned with the management of interest rates and the
total supply of money in circulation and is generally carried out by central banks, such as
the U.S. Federal Reserve.
Fiscal policy is a collective term for the taxing and spending actions of governments. In the
United States, the national fiscal policy is determined by the executive and legislative
branches of the government.
Republicans vs. Democrats on Taxes
Democrats raise taxes to fund social programs, and Republicans lower taxes to benefit big
businesses and the wealthy. Both ideas oversimplify the policy of each party, yet both ideas
are essentially true.
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