Social Sciences, asked by Anonymous, 10 months ago

Mention two key lessons learnt from the inter war economic experiences by the economists and politicians after second world war.

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Answered by sumit9867

Answer:

The two lessons learnt by the economists and politicians during the Second World War were: First: An industrial society based on mass production needs mass consumption. For mass consumption, steady income was necessary and for stable income, full employment was necessary.

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