Stop-Go Economics is a cyclical economic policy from the 1950s UK, alternating between expansion ('Go') and contraction ('Stop') to balance growth and inflation. It involves government spending adjustments to stimulate the economy or cool it down, aiming to control inflation and unemployment. The policy's legacy, its mechanisms, and its use under Harold Wilson's Labour government highlight its impact on the UK's economic history.
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1
In the United Kingdom during the late ______s, the - Economics approach was used to tackle the economic challenges of that time.
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2
Origin of Stop-Go Economics
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3
Primary Goal of Stop-Go Economics
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4
Stop-Go Economics vs. Monetarism/Neoliberalism
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5
The aim of the conservative approach is to secure long-term ______, stable ______ rates, and manageable unemployment levels via prudent fiscal policies.
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6
Phillips Curve Trade-off
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7
Stagflation's Challenge to Phillips Curve
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8
Managing Stop-Go Economic Cycles
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9
The 'Go' phases in Stop-Go Economics typically resulted in economic ______ and job creation, while 'Stop' phases aimed to address trade deficits and inflation.
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10
Harold Wilson's Labour government tenure
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11
1967 British Pound devaluation reason
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12
Outcome of Stop-Go Economics on living standards
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13
'Stop-Go Economics' involves two main phases, '' for fiscal expansion and '' for contraction, to regulate the UK's ______ activity.
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