Briefly discuss the highlights of fiscal policy's evolution in the United States over the last century.© BrainMass Inc. brainmass.com October 10, 2019, 4:29 am ad1c9bdddf
The evolution of fiscal policy has been very detailed over the past century. This is a topic where extensive activity continually takes place, and one of the main reasons is due to constant changing economic conditions. After the Great Depression ended, we saw a shift in fiscal policy evolution in the United States that began relying heavily on Keynesian economics. This was, at first, a gradual movement after the Great Depression, but it then began to pick up momentum. Under this system of economics, it was discovered that ...
The solution discusses the highlights of fiscal policy's evolution in the United States over the last century. References are also provided.