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Which event led to the most dramatic expansion of economic regulation by the federal government?
Wiki User
∙ 10y ago
The Great Depression.
Wiki User
∙ 10y ago
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How did government regulation of trade limit economic growth under the system of mercantilism?
It prevented expansion of trade with other countries.
How did the government regulation of trade limit economic growth under the system of mercantilism?
It prevented the expansion of trade with other countries.
What is Direct Regulation in commerce?
Direct regulation is the economic style of command economies, like communism where all economic decisions are made by government.
Which of these are elements of the economic system of government?
regulation, manufacturing, and distribution of goods
Which of theses are elements of the economic system of government?
regulation, manufacturing, and distribution of goods
Economic policy by which the government minimizes its regulation of industry?
laissez-faire laissez-faire
Why do the economic systems of other countries have in common with the economic system of the US?
Most countries have similar economic systems, which are a mixture of a free market and government regulation.
What is the the type of economy where people carry on their economic affairs freely but are subject to some government intervention and regulation?
When people can carry out their economic business freely but are also subject to some government intervention and regulation, that is called a mixed economy. It is a mixture of capitalism and socialism.
A model economic system in which all economic desicions are left to the market?
A popular model is the free market, where the market has no government intervention or regulation.
Why do economists describe the us economy as a mixed market economy?
Citizens have economic freedoms with some government regulation
What caused the economic panics in the S's?
Several factors contributed to economic panics in the 19th century, including over-speculation in markets, bank failures, and lack of government regulation. Rapid expansion of the railroads and industrial growth also played a role in creating economic instability. Additionally, gold shortages and foreign competition further exacerbated financial crises during this time.
What do the economic systems of others countries have in common with the economic system of the United states?
Most countries have similar economic systems, which are a mixture of a free market and government regulation.
