Across
- 4. Public Pensions, Public Healthcare, Medicaid, Welfare ect
- 5. Believed the government should be responsible for balancing out the highs and lows of the economy
- 6. Created the new deal
- 9. President that supported the Friedman and Hayek approach, less government intervention, and employed trickle down economics.
- 12. Associated with monetarist theory that suggest control of a country's money is the best means to encourage economic growth
- 14. The inequality of income across a population
- 18. Introduced a piece of legislation in 1890 to prevent monopolies from forming between competing companies.
- 19. The idea that more purchasing done by individuals is good for the economy
Down
- 1. Assumed presidency after Harding and Continued to favour similar policies.
- 2. Prime Minister that brought about a third way, a new form of mixed economy
- 3. The Idea that less regulation and tax breaks for those in high income tax brackets and corporations will trickle down and benefit everyone.
- 7. The increase in prices over a period of time, with the decrease of product value.
- 8. The first credit union in North America
- 10. A Capitalistic society in which the government ensures economic equality
- 11. Promoted ideas of Isolationism and Nativism
- 13. Wanted to reduce government involvement within the economy and promote the principles of classical liberalism.
- 15. The dominance of a single seller or producer within an industry
- 16. Led a Government that was heavily involved in economics, but was not a strong supporter of most social programs.
- 17. The turmoil within the global economy and the election of led to the questioning of laissez - faire economic policies