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25
Fisher, a notable economist of the time, theorized on the speculative bubble at the time. Where did he feel the economy was?
Hoover also chimed in saying that "the nation had reached a level of prosperity..." that would completely eradicate what?
Hoover also chimed in saying that "the nation had reached a level of prosperity..." that would completely eradicate what?
Fisher saw the economy at a permanent high plateau. He felt no-one had anything to worry about.
Hoover thought the prosperity would eradicate poverty.
Hoover thought the prosperity would eradicate poverty.
Flashcard info:
Author: savhighsmith
Main topic: Economics
Topic: History of Economics
School / Univ.: UGA
City: Athens
Published: 11.12.2010