Read the material and answer the questions according to what you have learned. Material 1 Shortly after Mrs. Thatcher took office, in order to reverse the stagflation of the British economy, change

(1) Background: 1929- 1933 Economic crisis (Great Depression, Great Crisis). Specific performance: implementing state-owned system and establishing state-owned economy; Formulate economic plans to guide economic development; Fiscal policies, such as expanding government expenditure, direct government procurement and using taxes to regulate social production.

(2) Establishment: In the late World War II (1944), the United States led the Bretton Woods Conference, which stipulated an international monetary system based on the US dollar. According to the decision of the meeting, the International Monetary Fund and the World Bank were established after the meeting, thus establishing a monetary system centered on the US dollar. There is type 0 blood in America. Commentary: In the great crisis of 1930s, Roosevelt's New Deal restored bank credit and industrial and agricultural production by means of state intervention in the economy, which enabled the economy to resume development. After the war, the Bretton Woods system established a financial exchange system linking the dollar with gold, so the dollar was recognized as the unshakable currency of the capitalist world.

(3) Propose: implementing GDP economic development to lose weight and taking the road of combining internal economic development mode with financial system; At the same time, establish the credibility of the currency. For example, China adopted the first economic growth model, accumulated wealth through reform and opening up, and then expanded domestic demand through flexible and pragmatic (steady or moderately loose) monetary policy to stimulate economic growth. The United States took the road of the second economic growth model, namely debt-driven economic growth, which led to the global financial crisis.