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Review the feature entitled "Huxley's Social Darwinism" in this chapter.What do you think Huxley meant by "millions of years of severe training"?
Increase Spending
A policy or action that leads to a higher level of expenditure by individuals, businesses, or the government to stimulate economic activity.
Depression
A prolonged period of significant economic downturn, marked by high unemployment, low output, and declining prices.
Aggregate Demand
The cumulative demand for goods and services within an economy, reflecting the total spendable money available at various price points.
Government Economic Policy
The strategies and measures employed by a government to manage its economy, including taxation, spending, and interest rate settings.
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