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The government economic policy that allowed monopolies to flourish was primarily the lack of stringent antitrust regulations and enforcement. During certain periods, particularly in the late 19th and early 20th centuries, laissez-faire capitalism prevailed, enabling companies to consolidate power without significant government intervention. This hands-off approach allowed monopolistic practices to emerge, leading to the dominance of a few large firms in various industries. It wasn’t until the establishment of antitrust laws, such as the Sherman Antitrust Act of 1890, that measures were put in place to combat these monopolistic tendencies.
What else can I help you with?
Actions taken by the federal government which influence economic activity are know as?
The economic actions taken by government are known as fiscal policy.
What is an economic policy in which a government does not become involved in business affairs?
laissez faire capitalism
An economic policy that advocated a reduction in government spending and cuts in personal income taxes is?
reagonomics
Increasing government spending involves which type of economic policy?
wanna make money? tongue my balls for me!
When can the federal government affect fiscal policy?
The federal government can affect fiscal policy through its budgetary decisions, including changes in government spending and taxation. This typically occurs during the annual budget process, when Congress and the President negotiate and approve spending bills and tax legislation. Additionally, fiscal policy can be adjusted in response to economic conditions, such as during a recession or economic downturn, to stimulate growth or control inflation. Ultimately, these decisions are influenced by economic indicators and policy goals aimed at stabilizing the economy.
Which economic policy was the national government allowed to implement during the nineteenth century?
What economic policy was the national government not allowed to implement during the nineteenth century?
What was the antitrust policy?
trusts were another name for monopolies so antitrust policy was were the government intervene to prevent monopolies from forming
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 department of economic policy in UK?
The Department for Business, Innovation and Skills deals with economic policy.
Economic policy?
Economic policy concerns the way the government collects and spends money and regulates the market. Income tax rates are an example of economic policy.
What has the author Ben Turok written?
Ben Turok has written: 'Africa' 'Beyond the miracle' -- subject(s): Economic policy, Economic conditions 'The ANC and the turn to armed struggle, 1950-1970' -- subject(s): Politics and government, African National Congress, Resistance to Government, Umkhonto we Sizwe (South Africa), National liberation movements, History 'The controversy about economic growth' -- subject(s): Economic policy, Economic development, Government policy, Economic conditions 'From the Freedom Charter to Polokwane' -- subject(s): African National Congress, Politics and government, International economic relations, Sustainable development, Economic development, Freedom Charter, Economic policy 'Development in a divided country' -- subject(s): Economic policy, Economic development, Government policy, Economic conditions 'Mixed economy in focus' -- subject(s): Economic policy, Economic conditions
What aspect of a government's economic policy deals with the money supply?
monetary policy
What government policy uses economic spending to manage the business cycle?
Fiscal policy
Decreasing government spending involves which type of economic policy?
suppli side economic
What economic policy was the national government not allowed to implement during the nineteenth century?
The federal government was not allowed to implement federally owned national banks in the nineteenth century. The government and the states relied on banks that were chartered, but privately owned. President Martin Van Buren separated the government from banks by creating the federal reserve.
The economic policy that manages the business cycle by changing government spending is called .?
fiscal policy
What is politics and what is economics?
Politics deals with how to govern or control, to manage public affairs. Economics discusses economic policy. It takes a government to govern and to control, but it is the government to execute its economic policy.
