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He advocated a strong role of govt. in managing the economy...
He advocated a strong role of government in managing the economy by adjusting spending levels and tax rates.
Economies can be completely controlled to entirely benefit the government, such as communism or dictatorships. Or the economy can be free will, like capitalism, which will prosper the people and businesses
President Hoover called for a minimal government role in changing the economy.
What three steps did president Reagan take improve the economy?
his presidency increased the role of government in the American economy
He increased the government's role in the lives of citizens.
New Deal
increasing its role in the lives of citizens
For the first time, the federal government stepped in to help workers in a labor dispute. NovaNet.
Increasing number of people supported expanding the role of the federal government to ensure the welfare of people. Roosevelt believed the federal government should act as a "trustee" for the American people, by controlling and supervising the economy in the public interest.
The government ensures that companies aren't abusing their power. If they are found to be doing so, the government steps in to change regulations.
A direct role involves the government passing laws or carrying out policies that change or affect the economy, like issuing taxes. An indirect role is a government change that inadvertently affects the economy, like wars in the Middle East affecting oil prices. The government didn't raise oil prices, but the conflict caused the leaders with whom we are at war to raise prices on our imports.
No role the government should play.
This answer is that the governments role is very little
seized the mines
mixed economy