At the end of the populist cycle,workers are better off than they were before the populist cycle began in terms of real wages and job creation.

Question

Quizplus · Accepted Answer

Populist cycles often lead to short-term economic boosts but are usually followed by inflation, currency devaluation, and fiscal crises that can erode real wages and job security, leaving workers worse off in the long term.

At the End of the Populist Cycle,workers Are Better Off