The national debt and a shift of potential jobs from the private to public sectors are two ways that defence spending has an economic cost. Because the civilian sector has gained access to new technology and human resources.
What defence spending related to military strength?a.Political philosophies often concentrate on how power should be distributed and used. While some political parties have strong principles they adhere to, others may get ideas from a variety of similar concepts without officially adopting any of them.
b. Democrats have long argued that the military budget is excessively large due to needless expenditure on the construction of weapons and equipment. That the Pentagon claims it doesn't need, but that nevertheless support local economies in states and districts with powerful congressmen.
Therefore, c. Once a legislation is passed, Congress has the power and duty to oversee how it is carried out, and its committees take the initiative in this work.
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If Congress adheres to a libertarian economic policy, which of the following measures would it most likely employ during an economic recession?
Answer:
A constitutional amendment that prohibits the federal government from creating government subsidies and bailouts to businesses.
Measures to be employed during economic recession is A constitutional amendment that prohibits the federal government from creating government subsidies and bailouts to businesses.
What is economic recession?A recession is a business cycle contraction that occurs when there is a broad fall in economic activity. Recessions often arise when consumer spending falls dramatically.
Economic recessions can be triggered by a variety of factors, including a loss of consumer confidence, rising interest rates, a stock market crash, and the bursting of asset bubbles.
If Congress follows a libertarian economic strategy, a constitutional amendment prohibiting the federal government from providing government subsidies and bailouts for firms will almost certainly be used during an economic downturn.
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