It will most likely stimulate private spending
It will most likely stimulate private spending
It will most likely stimulate private spending
Government must become involved in the economy to benefit the people :) questionme.com
Well, the affect of the government in these circumstances is usually to deny the data and demonize their critics.But the effect of the government is to reduce GDP and indeed all economic activity, [for GDP is a poor measure of activity].Govt taxes decrease and in countries where the unemployed are entitled to a benefit, the Govt expenditure increases.An alternate scenario to paying unemployment is to create work for the unemployed, rather than rely on the 'invisible hand" of marketplace economics.Which like most invisible things, has no existence.
Governments help ensure that the economy continually grows. A growing economy means that fewer people rely on government assistance to survive.
During the Great Depression, a new deal primarily aimed to benefit unemployed workers, struggling farmers, and the impoverished. Programs implemented by the government sought to provide jobs, financial aid, and social security to those most affected by the economic downturn. Additionally, businesses and the economy as a whole would benefit from increased consumer spending and economic stimulation, fostering recovery and growth. Ultimately, the new deal aimed to create a more equitable society and stabilize the economy.
Economies can be completely controlled to entirely benefit the government, such as communism or dictatorships. Or the economy can be free will, like capitalism, which will prosper the people and businesses
The shape of the marginal social benefit curve in a market economy is determined by factors such as consumer preferences, externalities, government regulations, and the availability of substitutes.
because the government try to manage trade to benefit their country's economy.
tobacco growers in the United States
Astana is closer to Russia and Europe. By moving the capital the government hopes the economy will benefit from European tourism and investment.
If an economy is doing well, then there will be more jobs and less people unemployed. If an economy is doing badly, then people will be losing jobs.