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Stagflation generally refers to stagnation inflation, stagflation, referred to as stagflation or stagflation, in economics, especially macroeconomics, specifically refers to economic stagnation, unemployment and inflation (inflation) at the same time continue to rise economic phenomenon. In layman's terms, it means that prices are rising, but the economy is stagnant.
It is the result of a long-term development of inflation.
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Stagnation inflation.
English: stagflation), abbreviated as stagflation or stagnation inflation.
in economics, especially macroeconomics.
In particular, it refers to economic phenomena in which economic stagnation, unemployment and inflation continue to rise at the same time.
In layman's terms, it means that prices are rising, but the economy is stagnant. It is the result of a long-term development of inflation. Stagflation, as a concoctive term, originated in a speech to Parliament by British politician Iain Macleod in 1965.
This concept is noteworthy in part because of the postwar macroeconomic theory that inflation and recession cannot go hand in hand, and because stagflation and fiscal deficits are widely perceived.
Again, once you start, it's hard to **.
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The economy is not growing, the currency is depreciating, inflation.
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There is still salvation, and this is that as long as there are good policies in the future, the economy will still improve.
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That must be saved, and I think they should do this to us in China, focusing on the ** side rather than the economic side.
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The recession and inflation in the United States are hopeless for the time being, because they do not change their thinking and thinking, and use those wrong ideas to implement them.
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I think the question should be changed to the fact that the Western capitalist countries have not yet come out of the economic crisis.
Economic crises have cycles, and this time may take seven or eight years or even longer to completely delay the elder brother, don't worry.
This economic crisis is not very serious compared to history, far less terrible than during the Great Depression, but the impact is very large and will be longer, because the West has used its national predominance to transfer the crisis to the whole world. In other words, under the globalized economic system, the Western economy, as the leader of the global economy, will inevitably have problems when there is a problem.
The famous Great Depression period, which lasted only 4 years, 29 33 years, was only the main part of the Great Depression and did not completely end in 33 years. But then, less than a decade later, as everyone knows, World War II broke out. It can be said that the Great Depression played a certain role in the outbreak of World War II, prompting the formation of fascist imperialism and the invasion of the world.
However, the Great Depression was not a "global" economic crisis, because the entire Third World countries were still in the era of independence or colonization, and economic globalization had not yet been established, so the impact of the Great Depression on the whole world was far less than this one.
The West is now generally in a debt crisis, ** reduce spending, save military spending, in order to get through this economic crisis as soon as possible, if you look at a little news, you will know why Greece or Europe is constantly demonstrating or cutting ** spending, and why the United States wants to reduce military spending growth, reduce armaments programs, why open quantitative easing, and so on.
But the West's debt crisis is a build-up of the past, not a sign of a lack of vitality. U.S. manufacturing is recovering, while Europe is using a variety of tactics to revive the economy, even warfare, most recently in Libya and Syria.
From a certain point of view, the West has passed the lowest point of the economic crisis, but it has not fully ushered in the signs of recovery, or the entire third world countries are taking advantage of such Western economic crises again and again to continuously improve their international status and economic power, such as China, India, Brazil, etc.
In the next few decades, the pattern of the entire world civilization led by the West is gradually softening and falling, and the flame of Western civilization will spread all over the world, and eventually usher in a more even, regional economy-dominated world pattern, rather than the Western dominance led by the United States. East Asia, Latin America, and even the Middle East and Africa will wake up, and perhaps not necessarily one civilization will lead the whole world, but it will certainly be a multipolar world.
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b?The immediate cause of the "stagflation" of the US economy is the impact of the oil crisis. Therefore, the correct answer is item b
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The economic crisis of the capitalist countries chosen is inevitable.
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The economic crisis cannot be eliminated at all! The fundamental cause of the outbreak of the economic crisis under capitalism is the contradiction between the socialization of production and the private ownership of the means of production, which is the basic contradiction of capitalist society. Therefore, without the abolition of the capitalist system, this contradiction cannot be fundamentally eliminated, and economic crises will still occur.
The history books say so...
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If Franklin. If the "Roosevelt's New Deal" during the Roosevelt administration was regarded as the "macroeconomic control" of the capitalist countries, then, according to the Keynesian interpretation, this "macroeconomic control" alleviated or ended the "economic crisis" ahead of schedule. If the above facts are recognized, then the answer to this question is "Yes".
But there is another interpretation, that it is precisely the intervention of ** in the economy that led to the economic crisis, including the implementation of Roosevelt's New Deal, which also aggravated and prolonged the economic crisis, not the other way around. This type of economist believes that the intervention of ** cannot eliminate the economic crisis.
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To overcome the crisis, the state needs to release liquidity and keep interest rates down in order to activate the economy.
And the increase in liquidity and low interest rates are at great risk of near-term inflation.
After the debt crisis abates, interest rates will rise.
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Did you send me a request? Odd! Why am I being prompted to read your question?
I know that you don't know anything about economics if you look at the form of your question, so I don't bother to answer it, because I'm afraid that if I do, you won't be able to tell which answer is correct!
If you do want to learn! You can chat with me in private Q 1715000456 After answering, if you are satisfied, it is not too late to give me points!
If you think I'm pretending to be c! It's a big laugh!
Absolutely. The United States, Japan, South Korea, and many others are. >>>More
1) International Monetary Organization; (2) the World Bank; (3) the General Agreement on Tariffs and Trade (GATT); (4) The G-7 Summit.
Roosevelt's New Deal, which increased state intervention in the economy. >>>More
The most fundamental reason is the contradiction between socialized large-scale production and private ownership of the means of production. >>>More
There is no difference in method, but there is a difference in the disposal of monopoly capitalist owners. >>>More