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Where can I find the Aggregate Supply & Aggregate Demand during the years of 1961-1963...

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kirby188 | Student, Undergraduate | eNotes Newbie

Posted January 4, 2009 at 4:32 PM via web

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Where can I find the Aggregate Supply & Aggregate Demand during the years of 1961-1963 (Kennedy's Presidency)?

I need to ultimately construct the Aggregate Supply & Aggregate Demand graphs during his Presidency, so that's why I need the information. I'll also need to make a Money Market Graph, Philips Curve, and Business Cycle Graph.

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dbello | High School Teacher | (Level 1) Educator

Posted January 6, 2009 at 2:57 PM (Answer #1)

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The best way to begin this assignment is to make sure you have an understanding of Aggregate supply and demand. This is the economic philosophy of the British Economist John Maynard Keynes. The backbone of the philosophy is simple, 'no jobs,make jobs'...ultimate goal reach full employment capacity. Franklin Roosevelt was the first American president to take this philosophy and turn it into reality with his 'New Deal for America'. During the Kennedy administration, he called for a series of 'New Frontier programs' that would stimulate the economy. Programs such as the space program, urban renewal programs, and civil rights programs all of which would add new jobs to the economy while at the same raise the quality of life for the many individuals who would benefit from them. As for the charts and graphs you have to create you should research the Library of Congress website. Another suggestion that would prove beneficial is to examine the economic records from those years. Good Luck !!

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