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5 Cards in this Set
- Front
- Back
domestic policies: Family Assistance Planning |
attempted to replace different Great Society benefits with direct $1,600 grant to poor families - rejected by Congress |
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Great Society spending |
increased spending on social programmes introduced by Great Society |
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economic policies: wage & price freeze |
90 days; reduced income tax to encourage purchase of consumer goods |
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Pay Board |
kept wage increases down to 5.5%; Price Commission limited pay increase to 2.5% |
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Dollar devaluation |
Price Commission; temporary boom |