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What effect did ford's economic policy have on the economy?

User Akrohit
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4 votes

Answer:

inflation went down due to I flatiron cuts -APEX

Step-by-step explanation:

User Joy Wang
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The effect of ford's economic policy was: Inflation went down, but unemployment stayed high

The economic policy introduced by Ford encourage people to increase their savings and minimize their spending. While this might lower the rate of inflation, lower spending mean that there would be lesser opportunities for producers to sell their product. This lead to high rate of unemployment.

User Vikram Tiwari
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