Henry George proposed which remedy for crises driven by land speculation?
AA tax on wages
BA single tax on land
CA ban on exports
DA central bank
Answer & Solution
Correct answer: B. A single tax on land
George saw land speculation as a driver of crises and proposed a single tax on land.
Keep practising Business Cycles
Browse all Business Cycles questions for CA Foundation, or explore more Business Economics topics.
Related questions
Double-dip recessions are described as which shape?A short, sharp contraction followed by rapid recovery is called which shaped recession?A recession with GDP down by 10 percent, or lasting three or four years, is called:The UK and Canada define a recession as GDP falling for:A recession is best described as a business cycle:Compared with long-term trends, business cycles are usually seen as a:A one-off change such as a worker strike over a year or two is usually regarded as:Which years mark the Great Depression in the economic history of the West?