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Describe the Major Trends in the Cold War in the 1960s

question 66

Essay

Describe the major trends in the cold war in the 1960s.


Definitions:

Depression

A severe and prolonged downturn in economic activity, characterized by high unemployment, sharp declines in GDP, and faltering business confidence.

Investment

The process of distributing funds or assets in anticipation of earning returns or profits.

Classicals

Economic theorists and policy makers from the 18th and 19th centuries who focused on free markets, competition, and the ideas of self-regulating economies.

Keynes

An economist who revolutionized economic thinking with theories on government spending's effects on economic cycles.

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