what happened to budget deficits in the US from the 1970s to the 1980s?

Answers

Answer 1

Answer:

The Economy in the 1980s and 1990s

In 1980, the American people expressed their discontent with the federal government's policies of the 1970s through the election of President Ronald Reagan. Reagan based his economic program on the theory of supply-side economics, which mandated reducing marginal tax rates to encourage people to work harder and longer. This in turn leads to more saving and investment, resulting in more production and stimulating the economy as a whole, according to supply-side economic theory.

The central theme of Reagan's national agenda, however, was his belief that the federal government had become too big and intrusive. In the early 1980s, the Reagan administration pushed through a series of tax cuts, at the same time that it proposed huge slashes in social programs. Throughout his tenure, Reagan also undertook a campaign to reduce or eliminate government regulations affecting the consumer, the workplace and the environment.

The nation endured a deep recession throughout 1982. Business bankruptcies rose 50 percent over the previous year. Farmers were especially hard hit, as agricultural exports declined, crop prices fell and interest rates rose.

But the recession, combined with falling oil prices and the Federal Reserve's tight control of money and credit, helped to curb runaway inflation. By 1983, the economy had rebounded and the United States entered into one of the longest periods of sustained economic growth since World War II. The annual inflation rate remained under 5 percent from 1983 through 1987.

Still, serious problems remained. Farmers' problems continued, and their suffering was compounded by serious droughts in 1986 and 1988. Federal deficits soared throughout the 1980s. From $74 thousand-million in 1980, the federal budget deficit rose to $221 thousand-million in 1986 before falling back to $150 thousand-million in 1987. The U.S. trade deficit hit a record $152 thousand-million that same year. A stock market crash in the autumn of 1987 led many to question the stability of the economy.

In fact, the U.S. economy did slow and dipped into recession in 1991, and then began a slow recovery in 1992. As a result of the slowing economy and other factors, the federal budget deficit began heading upward again. Although the stock market recovered, the financial industry was particularly plagued with problems, with numerous savings institutions, as well as some banks and insurance companies, either collapsing or falling into such a shaky state that the federal government had to take them over. Well into the 1990's, credit market and other problems lingered on. By contrast, other sectors of the economy, such as computers, aerospace and export industries generally showed signs of continuing growth.

Explanation:

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Related Questions

In this excerpt the sequence of events creates suspense by

Answers

Quickly rushing the plot to progress the story and create tension

How did the end of the Mexican-American War create more tension between the North and the South?

Answers

Territories obtained in the Mexican American War of 1848 caused further sectional strife over the expansion of slavery.

What is Mexican-American War?

Mexican-American War can be regarded as the annexation of republic of Texas which occured as a result of dispute over the boundary of Texas is at Nueces river .

This war create more tension between the North and the South because of sectional strife over the expansion of slavery.

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What are pews in a Church?​

Answers

Answer: the wooden seats you sit on

Explanation: i don’t know i haven’t been to church in a while :)

Answer:

It's a raised and enclosed place in a church designed for an ecclesiastical dignitary or officer.

In what year did the army begin to force the sioux out of the dakota territory?

Answers

Answer:1875

Explanation: Hopefully this helps!

Answer:

1875

Explanation:

What was life like in the east and west before the crusades?

Answers

Answer:

Western Europeans brought back many goods, such as lemons, apricots, sugar, silk and cotton and spices used in cooking.

Explanation:

somebody help me please will give brainliest ​

Answers

Answer:

Do you still need help?

Explanation:

For the first time, War could lead to the ________ of the human species.​

Answers

Answer:

Extinction.

Explanation:

I think the term that makes most sense here is:
"For the first time, War could lead to the Extinction of the human species.​

Hope this helped! Have a nice day!
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Dont let the Pirates get'cha!
- Jaron, King of Carthya.

Answer:

end

Explanation:

I say end because it makes sense to me

Give brainlest to the other asnwer tho

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~Zero~

what is the number for x 18=x-10

Answers

Answer:

x=28

Explanation:

18=x-10

-x=-10-18

-x=-28

x=28

Answer:

=28

Explanation:

To what extent were the civil rights of African Americans in the South protected after the Civil War

Answers

Answer:Once the Civil War ended slavery was abolished and black people were given rights. However, people in the south thought otherwise. After the civil war, slavery returned in the form of convict leasing, blacks lost rights again, and were arrested for petty crimes.

Explanation:

In this box-and-whisker plot, what is the minimum value of the data?



48


53


56


68

Answers

It’s 48 because I say it is so please pick 48

When lawmakers compare multiple potential public policy solutions, they focus on minimizing costs while maximizing the benefits by law are required to choose the least-expensive solution require unanimous approval before selecting one to pursue will choose the most costly solution to maximize the budget

Answers

The lawmakers will focus on having maximum benefits with minimum costs, therefore, they make comparisons between multiple public policy solutions.

Who are lawmakers?

Lawmakers are the political individuals who are responsible for drafting and making amendments to various needed laws for the country. they are also known as legislators.

Lawmakers make comparisons between multiple solutions relating to public policy in order to verify their conduct in resolving the problem in today's scenario. After carefully examining the possible solutions to the current problem, they select the best feasible option to solve that particular problem.

Therefore, the comparisons of multiple solutions by lawmakers lead to minimizing the costs and maximizing the benefits.

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Answer:

A. Focus on minimizing costs while maximizing the benefits.

Explanation:

Took the test and got it right.

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Which best describes the overall effect of president carter’s actions in response to the soviet invasion of afghanistan? carter’s actions had a major immediate effect on the soviet union. carter’s actions had no immediate effect on the soviet union. carter’s actions had a major immediate effect on afghanistan. carter’s actions had no immediate effect on the taliban.

Answers

Carter's actions had no immediate effect on the Soviet Union as regards Afghanistan inversion.

What is Soviet invasion ?

Soviet invasion of Afghanistan was cruel attack which involved unaware attack on people of

Afghanistan because Brezhnev doctrine is about to be forced on the people of Afghanistan.

Therefore, the effect that can be attributed to this inversion can not be traced to Carter.

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Answer:

C

Carter’s actions had a major immediate effect on Afghanistan.

Explanation:

write the following terms in 1-3 sentences. definition

Answers

*I am stuck on the last one. I hope someone else can help.

Answer:

1. Socrates' had a unique lotopia method called Socractic.

2. Within the area of the south sea, there are 250 small islands, reefs, and sandbars.

3.The cradle of polynesia is a perfect vaction spot for people for who love nature and want to escape the technological world.

4.

Explanation:

Lotopia-(greek word) means learning or inquiry

South Sea-is of or relating to the seas of the southern hemisphere and especially the south pacific.

Cradle of Polynesia-Samoa, consist of 10 islands between Fiji and Hawaii

Island Oriented-something resembling an island, especially in being isolated or having little to no direct contact with others.

What is the main purpose of an argumentative essay

Answers

“The purpose of an argumentative essay is to organize and present your well-reasoned conclusions in order to persuade the audience to accept—or at least seriously consider—your point of view.”

Because of president clinton’s stand on haiti, president aristide was assassinated. president aristide fled to somalia. haitian military powers agreed to step aside. haitian rulers threatened to invade the united states.

Answers

President Clinton fulfilled his promise, which he made during his election, to Aristide to bring him back to Haiti. Thus, Haitian military forces have agreed to withdraw.

What happened to President Aristide of Haiti?

Aristide was ousted on September 29, 1991, and a few days after his exile, his life was saved only by the intervention of US, French and Venezuelan diplomats.

In 1994, the US and international pressure including the United Nations Security Council Resolution 940 called for military force to withdraw and allow U.S. troops to continue in Haiti.

Thus, Because of president Clinton's stand on Haiti, Haitian military powers agreed to step aside. Aristide returned and ended his term.

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Answer:

C. Hatian military powers agreed to step aside

Explanation:

I just took the quiz

Where did Julius Caesar achieve victories during the civil war he had begun?

Choose three correct answers.
Asia Minor
Greece
Persia
Egypt

Answers

This was followed by the civil war, during which time Caesar chased his rivals to Greece, decisively defeating them there. He then went to Egypt, where he defeated the Egyptian pharaoh and put Cleopatra on the throne. He then finished off his Roman opponents in Africa and Hispania.

Julius Caesar achieved victories during the civil war he had begun in Greece and Egypt. The correct options are b and d.

Who is Julius Caesar?

Julius Caesar was a Roman general and statesman. A member of the First Triumvirate, Caesar led the Roman armies in the Gallic Wars before defeating his political rival Pompey in a civil war, and subsequently became dictator from 49 BC until his assassination in 44 BC. He played a critical role in the events that led to the demise of the Roman Republic and the rise of the Roman Empire.

In 60 BC, Caesar, Crassus, and Pompey formed the First Triumvirate, an informal political alliance that dominated Roman politics for several years. Their attempts to amass political power were opposed by many in the senate, among them Cato the Younger with the private support of Cicero.

Caesar rose to become one of the most powerful politicians in the Roman Republic through a string of military victories in the Gallic Wars, completed by 51 BC, which greatly extended Roman territory. During this time he both invaded Britain and built a bridge across the Rhine river.

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help me with these two questions asap!!!

Answers

Answer:

1: B

2:D

Explanation:

Explain the significance of the word bond to this era of united stats history

Answers

Answer:The word bond was very important to this era of The United States history because bonds were promised during the wars to be paid later in the nation's history, but now, after this amount of years, when they are going to be paid, who have the bonds are the ones who do not necessarily need them.

Explanation:

Which of the following are powers given to the president in Article II of the Constitution? (Select all that apply.)
A) negotiating treaties and agreements with other countries
B) making appointments to cabinet posts
C) appointing the speaker of the House of Representatives
D) signing or vetoing laws proposed by Congress​

Answers

Answer:

A) negotiating treaties and agreements with other countries

Explanation:

Article 2, Section 2: "He shall have Power, by and with the Advice and Consent of the Senate, to make Treaties, provided two thirds of the Senators present concur; and he shall nominate, and by and with the Advice and Consent of the Senate, shall appoint Ambassadors, other public Ministers and Consuls, Judges of the supreme Court, and all other Officers of the United States, whose Appointments are not herein otherwise provided for, and which shall be established by Law: but the Congress may by Law vest the Appointment of such inferior Officers, as they think proper, in the President alone, in the Courts of Law, or in the Heads of Departments."

1)How does the image from Hitler, Beast of Berlin portray the Nazis?

2)How might audiences have responded to propaganda films?

Answers

The movie, Hitler, Beast of Berlin portrays the Nazis as evil people who mistreated their people.

Who is Adolf Hitler?

He was the leader of Nazi Germany and led the hunting and execution of Jews, over 2 million of them, and also caused WWII.

Hence, we can see that the possible reaction of the audience to propaganda movies would likely be that of mixed feelings as some of them would be in support of the protagonist, a patriotic German who wants to overthrow the Nazis, while some would support the Nazis.

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Evaluate whether the policies of otto von bismarck’s government represented traditional conservatism or a new kind of conservatism in nineteenth-century europe.

Answers

Answer:

von Bismarck's government policies represented a new kind of conservatism

Explanation:

Who was prmarily responsible for the cold war- the us or the soviet United states

Answers

Answer:

The United States and the Soviet Union both contributed to the rise of the Cold War. But it was mainly the Soviet Union because of "Global Domination" and wanted to destroy the United States and its allies.

Explanation:

If i get this wrong please notify me.

Hinduism was founded and is most prominent in which country?.

Answers

Answer:

the answer is india

Explanation:

Which of the following statements is true?
The war
might have been shorter if Ulysses S.
Grant had been more willing to fight.
Robert E. Lee believed that his best strategy was to never invade the North.
• Jefferson Davis refused to suspend the right of habeas corpus.
At the start of the war, Lincoln's main goal was to reunite the nation.

Answers

C because Jefferson Davis used to be on my wall and I haven’t done my school Al semester and don’t know what’s going on so I’m usinging this app to do all of it in 6 days

1.How does Tao feel while he is drawing a picture
of a bear? Why does this activity cause such an
emotional reaction? From the boy of the painted cave

Answers

While drawing the picture of a bear, Tao seems to be very courageous and brave. This activity causes an emotional reaction in him that he wants to paint the pictures of wild bears and mammoths instead of killing them.

What wrote the novel 'boy of the painted cave'?

Boy of the painted cave was a historical novel written by Justin Denzel in the middle of 1996 which was set in the prehistoric times of the country France.

Tao is the main character of the whole novel. He is a 14-year-old boy who wants to become a cave painter and he doesn't want to murder the bears or mammoths. He seems to be very brave, bold and dedicated to his aim of becoming a cave painter and that's why he always likes to paint the pictures of bears or mammoths rather than killing them.

Therefore, in the boy of the painted cave, Tao is a very fearless and brave person who wants to be a cave painter and he paints pictures of bears and mammoths.

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Who started the white wedding dress trend as it’s known today?.

Answers

The Answer :

Hello :D I'm here to help you :)

I think it was Mary, the Queen of Scots.

The Explanation:

She wore a white wedding gown in 1559 when she was married to her first husband.

Then, the tradition of wearing a white wedding dress is commonly credited to Queen Victoria's choice.

Have a great day - [tex]Lilo[/tex]

Why did alice paul leave the national american woman suffrage association? she believed in more aggressive tactics for achieving voting rights. she was in constant conflict within the group over how to gain members. she had political ambitions and wanted to serve as the organization’s president. she wanted to start a new organization focused on religious preaching to achieve voting rights.

Answers

American suffragist Alice Paul (1885-1977) was born into a prominent Quaker family in New Jersey. While attending a training school in England, she became active with the country’s radical suffragists. After two years with the National American Woman Suffrage Association (NAWSA), she cofounded the Congressional Union and then formed the National Woman’s party in 1916. Drawing on her experience, Paul led demonstrations and was subjected to imprisonment as she sought a voting amendment, but her actions helped bring about the passage of the 19th Amendment in 1920. Paul continued to push for equal rights and worked from National Woman’s party headquarters

Answer:the answer is D

Explanation:

it is D

Question 1(Multiple Choice Worth 4 points) What is the United States government equivalent of the Eight Judges in Rome? O Congress Twelve Tables Presidential veto Judicial branch​

Answers

The United States government equivalent of the Eight Judges in Rome is the Judicial Branch.

What is the judicial branch?

The judicial branch or judiciary is made up of courts: Supreme, Circuit, the magistrate (local), and municipal (city) courts.

The Judicial branch of the United States government:

Interprets the laws.Decides the constitutionality of federal laws.Undertakes judicial reviews of the actions of the executive.Resolves other disputes about federal laws.

Thus, the United States government equivalent of the Eight Judges in Rome is the Judicial Branch.

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How long did the United States watch world war one from a far

Answers

Approximately three years
Answer ↓

Approximately three years (from 1914 to 1917)

Explanation ↓

World War I began in 1914.

At first, the US claimed it was neutral (neutral means not involved in a war in any way) but the following reason caused the U.S. to join World War I.

Germany resumed to attack passenger and merchant ships with submarines ( called U-boats)

The reason above was the main reason why the US joined World War I in 1917.

[tex]\footnotesize\text{hope\:helpful}[/tex]

How did interchangeable parts differ from the parts that had been used before in manufacturing products, and why did it matter?

Answers

Answer: hello, Interchangeable parts allowed relatively unskilled workers to produce large numbers of weapons quickly and at lower cost, and made repair and replacement of parts infinitely easier.

BRAINLIEST would help a lot for me.

Explanation:

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Use the image above to identify and explain the relationship between the segments and circles A and B. In yourexplanation, be sure to include specific vocabulary and definitions for the relationships.PS Can someone please help me write an essay outline? These are sentences from the text. Which one shows what the text is mainly about? A The direction of the sweep was the same as the direction the water flowed. B The whole southern lakeshore, 70 miles long, leaked water into the Everglades during most of the year. C Now, the federal and state governments hope to restore part of the Everglades. D When we dam a river, we turn it into a reservoir, backing water up behind the dam. A 2.0 l container of oxygen had a pressure of 3.2 atm. what volume would be necessary to decrease the pressure to 1.0 atm? use the formula: p1v1 = p2v2 0.625 l 0.64 l 6.4 l 64 l a box contains 20 yellow cubes and 8 grey cubes and 16 gold cubes what is ratio of yellow to grey to gold in its simplest form where would the best place to live in China be if you were a farmer or trader of goods? PLEASE HELP I WILL GIVE BRAINLYESTExplain if you agree or disagree with Blake's claim.. A chart that is recommended as an alternative to a pie chart is a _________. When charging a secondary cell, energy is stored within a dielectric material using an electric field. True or False What are the answers to these? If each square that is broken into 100 parts is considered a whole, which model represents 0.68 of 2?2 models divided into 100 parts. Left: 68 are shaded gray. Right: 68 are shaded gray.2 models divided into 100 parts. Left: 70 are shaded dark gray. 30 are shaded light gray. Right: 0 are shaded dark gray. 40 are shaded light gray.2 models divided into 100 parts. Left: 60 are shaded dark gray. 40 are shaded light gray. Right: 20 are shaded dark gray. 20 are shaded light gray.2 models divided into 100 parts. Left: 100 are shaded gray. Right: 100 are shaded gray. A book sold 33,100 copies in his first month of release suppose is represents 7.6% of the number of copies sold to date how many copies have been sold to date? 52% of 1000 registered voters intend to vote for Steven Collins for mayor. Based on a 95% confidence interval, can we assume that Steven Collins will win the election if all votes are cast for either him or his opponent, Eric Camden? A. Cannot be determined as samples cannot reliably be used to estimate population parameters B. No, since the confidence interval includes values less than 50%, his opponent may get more votes C. Yes, 52% is a majority of the votes D. No, sampling variation causes all confidence interval conclusions to be questionable. is the following a statistical question? how many quarts are in a gallon Tan^-1(-1) in radians in term of pi What is atmospheric perspective? a. the effect produced by rounding objects to appear three-dimensional. b. the effect produced by techniques that make objects appear to go back into the distance, creating a realistic look. c. the effect produced by diffusion of light in the atmosphere whereby more distant objects have less clarity of outline and are lighter in tone. please select the best answer from the choices provided a b c 50 points each question. Please help. How do I solve? Suppose that$ 7000 is placed in an account that pays 6% interest compounded each year.Assume that no withdrawals are made from the account.Follow the instructions below. Do not do any rounding. Please help out its only one question In a pulley you pull more rope so that you use ___ effort.