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What else can I help you with?
Defenders of laissez-faire economics believed that government should?
true
What is the difference between economics and politics?
Regardless of the type of government, Politics and Economics have a 'chicken & egg' relationship. While politics sets the rules and laws that enable economics to succeed, business (economics) tells the politicians what works, what doesn't work, and what they want to maintain profitability.
Why should you study economics?
Economics deals with money. If we study economics, then we will now how to spend our money wisely, to help out the world, or for our own personal gain. The government has most of the power in this department. They make federal money that the government can spend on stuff.
What is public economics?
Public economics (or economics of the public sector) is the study of government policy through the lens of economic efficiency and equity. At its most basic level, public economics provides a framework for thinking about whether or not the government should participate in economics markets and to what extent its role should be. In order to do so, microeconomic theory is utilized to assess whether the private market is likely to provide efficient outcomes in the absence of governmental interference. Inherently, this study involves the analysis of government taxation and expenditures.
What was a major point of debate between Whigs and Democrats on economics policy?
How much government should be involved in the economy
Why are economics and politics related?
The link between economics and political science is economic policy. These are rules, or regulation, or policies that politicians make concerning the economy. Economic policy is a vast area that range from minimum wage to taxation to banking regulations. They have both political and economics consequences. A large portion of politics is about how government can (or should) influence the economy. The study of these economic effects relate to (a portion of) political science.
Government Should not interfare in sports?
true baseball is one few sports where government is involved but the rules should be decided by fans and players
Who rules in a federal government?
Its a government.. I think that the government rules...(:
Who rules a federal government?
Its a government.. I think that the government rules...(:
What is the name of the belief that government should regulate business as little as possible?
Free capitalism? Liasse-faire economics?
What is A person who believes that there should be no government or rules placed on human behavior?
Anarchist.
What concepts should be remembered to understand why economics as a field of study exists?
The concepts that should be remembered to understand why economics as a field of study exists include production, demand and supply, economic system, the role of the government, and business cycles.
