They protect you from the black people on the street.
Goverments use many policies such as the monetary policy and the fiscal policy to try to boost the economy and gradually diminish the recession. ie the policies are to do with lowering interest rates / fees to aid the profits of businesses and organisations and encourage increased money spending by the businesses which will aid the economy because businesses will be running at higher capacities, consumers have more money to spend - boosting economy and recovering the recession gradually.
Command Economy & MARKET ECONOMY
Government pass Laws for the public good, Business is profit driven. If the US Government had not supported some companies for a short time the economy of the whole world would have collapsed. If the Australian Government had not supported the Banking investment system them the whole banking system would have collapsed. Healthy Businesses pay lots of Taxes to provide the money to support Business in hard times
No. When we say "market economy," we likely mean to say a free market economy-an economy unfettered with government policy interventions. This is usually stated in opposition to a planned command economy-planned by government personnel. Neither of these extremes exist in the real world. World economies are mixed economies. The difference between countries is the degree to which they are mixed. Economies such as Cuba and the former Soviet Union tend toward the command economy whilst economies such as Hong Kong and Singapore are cited as the freest market economies.
Communist systems are typically ones in which the government has almost total control over the economy. Socialistic systems exert some governmental control. Pretty much every economy in the world is somewhat socialistic, however.
Most economies in the world are mixed to some extent; there is not a single nation with a complete free market economy lacking government intervention at all. It also means it has a market economy, but there are certain key industries controlled by the government. One instance is Mexico, where most businesses are privately-owned, being the only exception the oil and electricity industries, which are government-owned.
Controling the world's economy and resources, and basically reforming the government.
Describe the shift in the world economy over the last 30 years what are the implications of these shifts for international businesses based in usa and hong kong?
The government of North Korea is mostly closed to the outside world. This makes for a pretty stagnant economy. The government of South Korea is more open, and has a more vibrant economy.
Goverments use many policies such as the monetary policy and the fiscal policy to try to boost the economy and gradually diminish the recession. ie the policies are to do with lowering interest rates / fees to aid the profits of businesses and organisations and encourage increased money spending by the businesses which will aid the economy because businesses will be running at higher capacities, consumers have more money to spend - boosting economy and recovering the recession gradually.
It lowered interest rates, which encouraged manufacturing and construction.
Pygmy marmosets are the smallest monkeys in the world. The government is trying to protect them by setting up Conservation areas to prevent deforestation.
The economy grew in the 1920's due to World War I. Many industries and businesses were created in the 1920's as a result of the war.
As with all wars, it strained the government budget, which in effect worsened the economy.
The government system shrank
In a truly Laissez-fire economy, the government does not do anything related to the economy. There are probably no truly laissez-fire economies in the world.
The economy will absolutely down because many businesses and factories will malfunction since oil is the basic commodity anywhere in the world.