0
Which part of the Constitution gives the federal government broad authority to regulate economic activity across the US?
Wiki User
∙ 13y ago
The Commerce Clause
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Why is business consider a lawful economic activity?
business is considered as a lawful economic activity because it is highly and legally recognized by the government. The government gives authority to the firms in using or utilizing economic resources like land, soil and many more in order to produce something that are useful and can be needed for survival.
Does the federal govenment's authority to govern economic matters flow from the commerce clause?
It is true that the national government's power to govern economic affairs stems from the Commerce Clause. The clause is found in Article I of the U.S. Constitution.
What do you mean economic planing?
Planing means "the direction of production activity by a central authority".
Actions taken by the federal government which influence economic activity are know as?
The economic actions taken by government are known as fiscal policy.
Government payments to protect or encourage economic activity?
Subsidy
What is a government payment to encourage or protect an economic activity?
Subsidy
In a global economy governments have less control over economic activity?
yes in a global economy government has less control over economic activity
Does the Constitution of the US include a full description of the role of the government in THE economic system?
The US constitution says very little about the role of the government in the economic system, and certainly does not include a full description of that role.
What actions can the government exercise to influence economic activity?
The government can influence the economic activity by increasing the amount of money in the economy. Some example have been stimulus checks and amended tax rates, that have happened in the past.
What is economic meltdown?
It is the going down on the rate of economic activity of a country. It basically refers to increase in borrowings by government.
What are the two parts of fiscal policy?
Fiscal policy is a way in which the government can attempt to influence economic activity through spending and taxation. By either increasing spending or decreasing taxes, the government is often attempting to stimulate economic activity during times of recession. By decreasing spending or increasing taxes, the government is trying to slow down economic activity during times of inflation.
What is the appropriate measure of government s involvement in economic activity?
it is the share of government spending in total spending in the economy
