At first, President Hoover tried to stimulate the economy
A.indirectly, by encouraging cooperative private initiative
What is the straightforward meaning of economy?
Whether an entity is a country or a small town, an economy includes all of the activities connected to the production, consumption, and trade of products and services in that entity. Every economy is different. Each is shaped by the resources, laws, cultures, histories, and geographies that are unique to it.Why is the economy crucial?
The commodities and services that we all require must be produced since they do not simply exist; growth results in a rise in both their quality and quantity. Having a home, having a place to go to school, having access to food, having social ties, being respected, being at peace, having access to human rights, and being happy.
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