THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Money is given to businesses and they create new jobs
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Money is given directly to the American people
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Money is thrown in a river and it trickles down stream
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The economy trickles down into nothing
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Detailed explanation-1: -Trickle-down theory is an economic strategy where taxes levied on the high-income group are curtailed. The theory claims that the increase in wealth will trickle down into lower economic sections in the form of increased investments and employment. As a result, the entire economy gets a boost.
Detailed explanation-2: -The trickle-down theory states that tax breaks and benefits for corporations and the wealthy will trickle down to everyone else. Trickle-down economics involves less regulation and tax cuts for those in high-income tax brackets as well as corporations.
Detailed explanation-3: -Trickle-down economics assumes that company owners, savers, and investors drive growth. This theory promises that they will expand businesses using any extra cash from tax cuts. For example, owners will hire workers and invest in operations; banks will increase lending, and investors will buy more stocks and companies.
Detailed explanation-4: -The trickle-down effect is a term used in marketing and advertising. It can refer to the notion that fashion trends “trickle-down” from upper-class citizens to lower-class citizens, or that as a product becomes widely adopted, the price falls.
Detailed explanation-5: -The trickle-down effect signifies an economic theory in which all financial leverage, tax benefits, and incentives given to the rich high-income earners, business owners, and corporates will result in overall economic growth.