A Plan or Decision by Government to Act in a Certain

question 6

Essay

A plan or decision by government to act in a certain way or direction such as to keep products safe or open up competition is called __________.

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Definitions:

Economic Power

The capacity of a country, corporation, or individual to influence market conditions, consumer behavior, or government policy through financial means.

American Economy

The economic system of the United States, characterized by private enterprise, a variety of industries, and a complex financial market.

New Deal

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s in response to the Great Depression.

Global Economic Crisis

A period of worldwide financial instability, which can lead to a downturn in the global economy affecting multiple countries and economies.