History, asked by pandithariji6437, 1 year ago

three factor which contribute to econ omic rises faced in 1953

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Answered by rvk18
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The economic factors that most affect the demand for consumer goods are employment, wages, prices/inflation, interest rates and consumer confidence

The Decade of Prosperity. The economy overall grew by 37% during the 1950s. ... Inflation, which had wreaked havoc on the economy immediately after World War II, was minimal, in part because of Eisenhower's persistent efforts to balance the federal budget

Six Factors That Affect Economic Growth

Natural Resources. The discovery of more natural resources like oil, or mineral deposits may boost economic growth as this shifts or increases the country's Production Possibility Curve. ...

Physical Capital or Infrastructure. ...

Population or Labor. ...

Human Capital. ...

Technology. ...

Law.

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