How could war stimulate the economy explain in detail


How could war stimulate the economy? Explain in detail, making sure to mention the impact government purchases have on Gross Domestic Product (GDP). Also, make sure you make mention of how government purchases affect the private sector. Finally, describe how government purchases, in your opinion, have helped to stimulate or hinder the U.S. economy. You must provide sound economic analysis in your answer.

Solution Preview :

Prepared by a verified Expert
Business Economics: How could war stimulate the economy explain in detail
Reference No:- TGS02674523

Now Priced at $10 (50% Discount)

Recommended (91%)

Rated (4.3/5)