Fall of the Dollar Beginning in 1985 Can Be Attributed

question 3

Multiple Choice

fall of the dollar beginning in 1985 can be attributed to

• A) the growing U.S. budget deficit
• B) the large U.S. trade deficit
• C) rapid U.S. economic growth
• D) the slowdown in U.S. economic growth relative to growth overseas

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Definitions:

Consumerism

The societal trend that emphasizes the acquisition of goods and services in ever-greater amounts, often associated with a way of life that values consumption.

Communism

Is a social and economic system in which property is owned by public bodies; government planning, not the market, determines production and distribution.

German Nazism

A totalitarian ideology and movement led by Adolf Hitler and the National Socialist German Workers' Party, emphasizing nationalism, racism, and the leadership principle, and leading to World War II and the Holocaust.

Excess Capacity

A situation where a company or economy can produce more goods or services than currently demanded, leading to underutilized resources.