austerity

What Is An Example Of Austerity?

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What Is An Example Of Austerity? Austerity measures also include tax reforms. For example, they: Raise income taxes, especially on the wealthy. Target tax fraud and tax evasion. What exactly is austerity? Austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of

How Did France Respond To The Great Depression?

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How Did France Respond To The Great Depression? The depression reached France later than it did some other nations, France remaining prosperous through 1931. … It sought economic recovery in the expansion of France’s trade with its colonies and in public belt-tightening – austerity. France refused to join Britain, the US and Germany in going