Politics

Out of context: Reply #14147

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  • kgvs720

    Interesting

    _________ was one of few ministers who took advantage of the administrative freedom allowed by the removal of the ________ from the gold standard—to maintain low interest rates, and high government deficits; the extensive, national public works, reducing the unemployment, were deficit-funded policy. The consequence of _______ administration was the extremely rapid unemployment-rate decline, the greatest of any country during the Great Depression.

    Eventually, this Keynesian economic policy was supplemented by the increased production demands of warfare, inflating military budgets, and increasing government spending; the 100,000-soldier __________ expanded to millions.

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