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Daisy Moreno
on Nov 04, 2024

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What did the economic strategies of the United States, Japan, and Germany have in common during the 1930s?

A) They reduced tariffs.
B) They stuck to the gold standard.
C) They balance their budgets.
D) They relied on countercyclical deficit spending.

Economic Strategies

Plans or policies implemented by governments or businesses to influence and guide the economy towards desired goals such as growth, stability, or equity.

Tariffs

Taxes imposed on imported or, less commonly, exported goods to regulate trade and revenue.

Gold Standard

A monetary system where a country's currency or paper money has a value directly linked to gold, used historically to provide stability in currency value.

  • Examine the lasting socio-economic consequences of the New Deal policies.
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Kimberly MonteroNov 05, 2024
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