Based on the passage, which statement best explains
how Mckinley believes his economic policy will "restore
the prosperity of former years"?
0
1. He asserts that paying off the nation's debts will
reestablish the country in the vision of its
founders, renewing feelings of national pride.
0
2. He suggests that postponing payment on the
country's financial obligations will free up funds
for the government to invest in economic trade
with other nations.
O
3. He proposes that the government buy privately
owned farms and factories to stimulate
economic growth, creating a new class of
government-owned businesses.
O
4. He envisions that a dramatic decrease in
government spending along with a steady
increase in production and employment will
improve conditions for all citizens.

4. He envisions that a dramatic decrease in government spending along with a steady increase in production and employment will improve conditions for all citizens.

Explanation:

Mckinley believes his economic policy will "restore the prosperity of former years" through reduction of the govt spending while increasing production.

Answer Link

JackelineCasarez JackelineCasarez · Answer 2 · 2022-01-28T15:47:38+01:00

The statement that most effectively elaborates the way Mckinley believes his economic policy would assist in rehabilitating the previous affluence would be as follows:

4). He envisions that a dramatic decrease in government spending along with a steady increase in production and employment will improve conditions for all citizens.

Mckinley's Economic Policy

As per the details provided in the given passage, the fourth statement most adequately shows the way in which Mckinley had the belief that his economic policy would help in bringing prosperity back.
The reason is that he had a vision that a fall in the expenditure of the government amalgamated with a constant hike in productivity and opportunities of employment would result in enhancing the economic conditions of the time.
He feels that greater employment and productivity would bring back the balance and growth of the past years back.

Thus, option 4 is the correct answer.

Learn more about "Economic Policy" here:

brainly.com/question/12018959