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Q: A theory that states it is healthy for the economy if the government is involved in setting economic policy is called?
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What are the three goals of a healthy economy?

stable prices full employment and economic growth


Why doesn't the Government prevent a Seasonal Unemployment?

Because it is a part of a healthy economy. (by Solomon Zelman)


Which is a feature of mercantilism?

A feature of mercantilism is full government control of the national economy. This theory believes that this is the only way of achieving a healthy economy.


Which of the following best describes why economic indicators are useful?

They help people determine how healthy a country's economy is. To judge the overall condition of a particular country's economy-AmandaAmor They show the condition of a country's economy.


Why the government is a stakeholder?

A stakeholder is someone who has an interest in a business. The government is interested in businesses as they set out the regulations and need the businesses to do well to kepp the economy healthy.


What makes a healthy economy?

A healthy economy will be based on primary production , and manufacturing industries. Low value (low added value) activities such as retailing add little to a healthy economy.


Does Chile have a strong or weak economy?

It is somewhat strong, but many sectors depend on the US economy to be healthy, as 77% of Mexico's exports go to that country. Mexico has had a steady rebound from the 2009 economic crisis, when its GDP fell by 6.5%


What is a society's first economic task?

protection/shelter, food, water, good government, education, good citizens, and a healthy and strong army


Is the economy of Germany healthy?

No it isn't


Why is it necessary to come up with theories to explain what happens in the economy?

Most people are affected by the state of the economy, often quite seriously. A bad economy leads to unemployment, poverty, and in extreme cases, even starvation and death. A good economy leads to prosperity and happiness. So we have good reason to want a healthy economy. And in order to maintain economic health, we need to understand how our economy works.


Was the American economy good in the 1990s?

The 1990s was the longest period of economic expansion in the history of the United States. The stock market boomed, unemployment was low, millions of new jobs were created, wage growth was healthy, inflation and interest rates were low, and the Federal government actually ran a surplus for three years.


An ecosystem can be characterized as?

Healthy ecosystems can also be characterized in economic, social, and humanhealth terms. Healthy ecosystems support a certain level of economic activity