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The ruling government has a vital role to play in the economy. They make the policies that govern the way people live in a country which in turn directly affects the economy. Ex: If the government levies heavy taxes then it would have a direct negative impact on the economy because of reduced spending by the people.
An increase in government spending helps to stimulate an economy. Because the government is now paying other people to do work, those people are now receiving an income. They can then reinvest in the economy, leading to an overall growth in the nation's economy.
cause if the people in the economy pays more of the taxes they will end up having jobs. when they have a job they will end up having kids
he didn't want people to depend on the government
Wrong. Socialism/Communism have no government and no economy. Just people co-operating for the common good.
The ruling government has a vital role to play in the economy. They make the policies that govern the way people live in a country which in turn directly affects the economy. Ex: If the government levies heavy taxes then it would have a direct negative impact on the economy because of reduced spending by the people.
Informal Economy
government shouldn't help the people directly; the economy is a cycle.
An increase in government spending helps to stimulate an economy. Because the government is now paying other people to do work, those people are now receiving an income. They can then reinvest in the economy, leading to an overall growth in the nation's economy.
Socrates believed that the government was created to assist people in the pursuit of a moral life. He believed that the role of the government was to promote justice and virtue among its citizens.
government and people created market economy . Because government decide the market price . But sometimes people make their own market prices to get more money.
Government, Economy, and People
the government sells buys and trades things from other countries to make sure his the economy has the right supplies
Oligarchy
cause if the people in the economy pays more of the taxes they will end up having jobs. when they have a job they will end up having kids
he didn't want people to depend on the government
they pay people money and thing