Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Business cycles in OECD nations after World War II were by and large more controlled than the prior business cycles. This was especially evident during

image text in transcribed
image text in transcribed
Business cycles in OECD nations after World War II were by and large more controlled than the prior business cycles. This was especially evident during the Golden Age of Capitalism (1945/50-19705), and the period 1945-2008 didn't encounter a worldwide slump until the Late-2000s recession.[18] Economic adjustment strategy utilizing nancial approach and money related arrangement seemed to have hosed the most horrendously terrible overabundances of business cycles, and programmed adjustment because of the parts of the public authority's spending plan additionally moderated the cycle even without cognizant activity by strategy makers.[19]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law Express Medical Law

Authors: Jonathan Herring

7th Edition

1292295546, 978-1292295541

More Books

Students also viewed these Law questions