Through a licensing system, government agencies control who enters such industries, their prices, and their methods of operation.
One major use of government fiscal policy is to allow the government to control its own spending on programs.
the government can reduce the taxes on the commodities, it can also use price control that is price cealing
use of protetective tariffs to suport industry
As with any natural commodity, diamonds offer jobs to people who work in the industry. These jobs range from miner to manufacturer to jeweler. As well, the diamond industry pays significant taxes in the economies where the industry operates.
Industry, Transportation, Commercial
A system where land, business, and industry are owned and operated by individual citizens rather than the government is known as capitalism. In capitalism, individuals have the right to own property and make decisions on how to use their resources for economic gain, without government interference or control.
One major use of government fiscal policy is to allow the government to control its own spending on programs.
Fiscal Plicy
Yes, I suppose that is true. But surely the government is supposed to do that in all forms of government. If the Government doesn't have a large influence on the economy of the state, however it is governed, what else is there for the government to do ? Do you suggest the economy should be outside the control of the government ? Because surely if it is what you are voting for is also beyond the control of your vote to influence. -----TRUE
He used both
No.
Generally speaking, Yes. Capitalists argue that the government should have no role or a minimal role in controlling and directing businesses. Socialists argue that the government should either own and direct business or use stringent regulations to guide business activities.
the government can reduce the taxes on the commodities, it can also use price control that is price cealing
Taxation is when the government adds taxes to different products or services. There are several ways to control the use of taxation one of which is by different laws that are passed.
A small group of people, usually rich. Rich people in control use this to their advantage to control people.
Sphere of Influence and Economic Imperialism
use of protetective tariffs to suport industry