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Adam Smith believed that government should intervene in economic activities?
Wiki User
∙ 13y ago
Absolutely False.
Wiki User
∙ 9y ago
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In his economic system Smith believed that the basic economic questions were answered by the?
market xtine In short, the economic activities in the Philippines are both free of intervention and with government regulations. It may be regared as mixed economy.
What are the reasons for government involvement in economic activities?
There are many reasons for government involvement in economic activities. The government would check activities to make sure that prices are fair, employment is fair, and the pay for employees is fair and equal.
What government controls economic activities but people own property?
fascism
What economic term describes a policy of allowing events to take their own course and stresses that the government not intervene in the market place?
Laize Fair
Is traditional economic activities are called early economic activities?
Yes, the traditional economic activities are the same as the ealy economic activities.
Can economic analysis provide a final answer to the question of whether the government should intervene in markets by imposing price ceiling and price floors?
Economic analysis cannot provide such an answer because it seeks to address positive questions such as "what is."
Are Political and economic but not social activities under the rule of a fascism government?
dude, thats false
How are the three basic economic questions answered in the united stated be specific?
What to produce, how to produce it, and who to produce it for (the 3 economic questions) are answered primarily by private companies in the U.S. Rarely does the government intervene in private sector production.
Non economic activities and its examples?
What is the difference between economic and non economic activities.?
What were the major economic activities in new Amsterdam New York?
they allowed any religion and they were a self government
Which complaint about economic issues was voiced by conservation's?
conservatives believed the government spent money on the wrong programs
What is the difference between economic systems and economic activities?
Distinguish between economics activities and economics system
