U.S. NEP 20, U.S. New Economic Policy

Roosevelt's New Deal?

Strengthen state intervention and guidance in the economy, with industry as the center.

Significance: The U.S. economy is picking up, and the number of unemployed is falling sharply. The macroeconomic control and management of the economy by the capitalist countries has been strengthened.

The power of the U.S. federal ** has increased significantly. The capitalist system has been adjusted, consolidated and developed. Boldly borrowing from the advantages of socialism, he saved the crisis of capitalism by means of reform and avoided the rise of fascism to power.

The New Deal is of great significance in the history of the development of capitalism in the United States and in the world. A new model of state intervention in the economy was created, and the United States entered a period of state monopoly capitalism.

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The new economy of the United States is characterized by informatization and globalization.

The primary factor is the development of the education industry in the United States, which provides a large number of technical personnel for the development of the new economy in Qingxinwan, and lays the foundation for the development of the new economy in the United States. Secondly, the efficient and developed financial industry provides material guarantee for the development of emerging technology industries, provides financial support for the research and development of high-tech, and efficiently promotes the development of high-tech with the financial industry as a lever (the early stage of the NASDAQ index is the best proof).

At the same time, the application of high and new technology has brought about a greater increase in labor productivity, made up for the increase in labor costs, and suppressed inflation, thereby weakening the correlation between economic growth and inflation, and enterprise profits, credit and investment have become important support points for the new economy, and the characteristics of high-tech products determine that enterprises can quickly adjust their investment strategies and increase their flexibility in responding to market supply and demand under the condition of sufficient information.

Definition of "new economy":

It is a new economic growth model based on the knowledge economy and dominated by information technology. From March 1991 to February 2000, the U.S. economy maintained a good operating trend, with both the unemployment rate and the inflation rate falling to the lowest levels in history.

Since the second half of the 80s of the 20 th century, the information technology revolution has set off an upsurge, and the rapid development of the fourth industry, that is, the information industry, has prompted the capitalist economy to begin to transform from an industrial economy to an information economy, and the economic structure has increasingly shifted to service-oriented and high-tech.

1) "Roosevelt's New Deal" -- from being passive to automatically implementing an expansionary fiscal policy.

2) The "World War II deficit" has given a huge boost to the U.S. economy.

3) Truman and Eisenhower's efforts to balance the state budget of the Ping Wang Ying state.

iv) Kennedy's aggressive adoption of expansionary fiscal policy.

"Macroeconomic policy" refers to the state or the conscious and planned use of certain policy tools to regulate and control the operation of the macroeconomy in order to achieve certain policy objectives.

Would I give points if I said that the United States is a typical liberal capitalist economy?

The U.S. economy dominates the development of the world economy, and the development of various industries is relatively balanced, and they have all encountered professional bottlenecks.

In the sixties and seventies, the U.S. economy was also the first in the world, and it was difficult to break through, and later the rise of the Internet provided nearly 40 years of economic impetus for another round of economic development of the U.S. economy, and also established the U.S. position as the world's economic hegemon!

The current form will be very similar to that, so how can it be broken? It is nothing more than the development of new future industries, or digging deep into the Internet industry!

First of all, the expansion of the west (the American version of the western development) in the Mississippi Plain to establish agriculture, in the west to establish industry, and the east has become the largest trading point (the west also has, but the United States was an important country at that time or Europe, especially during World War I and World War II) After decades of annexation of the Americas, the United States not only controlled the entire North America, but also drove its agriculture and animal husbandry industry to develop rapidly, becoming the world's largest economic country, but due to the high proportion of light industry in industry, the huge national army is heavy If it weren't for the war in Europe, Germany, Britain, France, and Russia would have wiped out their navy with just one fleet. And when the United States realized this, it vigorously developed heavy industry, the military sphere. Therefore, at that time, the United States took advantage of the end of World War I and the beginning of World War II, and already had the most powerful military industry (that is, Germany had been destroyed and became a republic), and if it were not for the containment of Britain and France, the United States might have the most powerful army at that time.

However, he couldn't do this, so he vigorously sold **, and the military ** at that time had already exceeded most European countries, and it was not much closer to the empire on which the sun never set. However, World War II was a good time for him, but the sky could not tolerate one person fast, the Great Suppression happened, when the American economy became very bad, so Roosevelt's new life policy was launched, and the economic development was restored in just a few years, and surpassed Britain to become the largest military country, with the end of World War II, the United States already had the most powerful economy, the most powerful military, became the most powerful country, but due to the rise of the Soviet Union, the United States did not rise much during the Cold War, until the end of the Cold War, The United States became the most powerful country

Mainly rely on ** income, and used to make a fortune by selling **.

The implementation of the "New Deal" enabled the United States to quickly regain its economic strength, thus enabling it to play the role of a "democratic arsenal" during the Second World War, and providing a strong material backing for the final victory of the Central Powers.