This section defines and de. scribes commonly used terms. in social work practice in. real client situations. Â¾. A number of terms and groups of terms are cross-. referenced in the dictionary, which will help you understand. similar terms and how some terms relate to each other.
What was the name of the policy of. economic expansion . which was introduced by President William Howard Taft? Dollar diplomacy. McKinley begins to be called upon by people, such as William Randolph Hearst, to do something about the atrocities occurring in Cuba. What is McKinley's response?
Related Articles. Managing the economy through expansionary and contractionary monetary policy has been a standard practice in the United States since the 1940's when the concept was first introduced by economist John Maynard Keynes. Monetary expansion increases the amount of money circulated in the economy.