In the 1970s and 1980s, critics of high levels of state intervention
in the economy blamed slow economic growth and high unemployment on a number of factors, including:
a. low tax rates that contributed to economic inequality.
b. deregulation that made it easy for businesses to push spillover costs onto the public.
c. cuts in government spending that made it harder to address social problems.
d. welfare policies that discouraged people from working.
Question 2
The driving force behind greater state intervention in the
economy after World War II was:
a. businesses hoping to benefit from more state expenditures.
b. working-class voters.
c. political parties seeking voters.
d. the executive branch of government seeking more power.
Before the stick is broken, it must first be bent (the transition state).
Worldwide Variations in Population and Income Levels
North America and the Global Economy
Cover heat source to slow cooling by placing a towel over it.
Effect of Increasing the Investment Rate on the Steady State
Chalk cliffs 90 meters (300 feet) high along the shore in Dover, England, were once seafloor