Question

Briefly summarise the two lessons learnt by
economists and politicians from the interwar
economic experience.​

Answer 1

Answer:

Combustion or burning is a high temperature exothermic redox chemical reaction between a fuel and an oxidant usually atmospheric oxygen that produces oxidized often gaseous products in a mixture termed as smoke

Explanation:

what are the names of chapters

Answer 2

Answer:

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Explanation:

The economists and politicians learnt two key lessons from the inter-war economic experience.

First, an industrial society based on mass production cannot be sustained without mass consumption. There is a need for high and stable income which depends on full employment of the people.

Since market alone could not guarantee full employment; government should intervene and take steps to minimise fluctuation of market forces.

The second lesson is that the global economy is inter-related.

The goal of full employment could only be achieved if governments had power to control flow of goods, capital and labour.

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