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Widespread regulation and government ownership always hinder economic growth and efficiency, whether in India or elsewhere.

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How extensive role do you think that government should play in economic development?

Opinions vary regarding the extent to which governments should participate in the economy. Some believe the government should play a large role, while others believe the role should be limited. Some even believe the government should not participate at all.


Which of the principles is NOT a part of the Republican partys emphasis on creating a free market economy?

One principle that is NOT part of the Republican Party's emphasis on creating a free market economy is a strong focus on extensive government regulation. While Republicans generally advocate for limited government intervention and deregulation to promote business and economic growth, extensive regulation contradicts the foundational idea of a free market. Instead, Republicans often prioritize competition, entrepreneurship, and individual initiative without heavy governmental oversight.


How extensive is the European union?

The European Union is quite extensive. Member countries of the EU areAustriaBelgiumBulgariaCyprusCzech RepublicDenmarkEstoniaFinlandFranceGermanyGreeceHungaryIrelandItalyLatviaLithuaniaLuxembourgMaltaNetherlandsPolandPortugalRomaniaSlovakiaSloveniaSpainSwedenUnited Kingdom


What economy is characterized by complete government intervention?

An economy characterized by complete government intervention is known as a command economy or a planned economy. In this system, the government makes all decisions regarding the production, distribution, and pricing of goods and services, often aiming to achieve specific social or economic goals. Examples include the former Soviet Union and North Korea, where state control over resources and industries is extensive. This type of economy contrasts with market economies, where supply and demand dictate economic activity.


How is north Korea government involved in its economy?

North Korea's government exerts extensive control over the economy through centralized planning and state ownership of all means of production. The Workers' Party of Korea dictates economic policies, and the state allocates resources, sets prices, and controls trade. This system prioritizes military and heavy industry over consumer goods, leading to chronic shortages and inefficiencies. Additionally, the government restricts private enterprise and foreign investment, further entrenching its dominance over economic activity.

Related Questions

The hurricane caused extensive or extended damage to the city?

The hurricane caused widespread destruction in the city. Many buildings and infrastructure were damaged or destroyed, leading to significant losses for residents and businesses. Recovery and rebuilding efforts will be extensive and prolonged.


What part of speech is extensive?

The word extensive is an adjective. It describes something that is widespread.


What are some words that mean widespread?

Synonyms for 'widespread' include, but are not limited to: extensive, pervasive, and far-flung.


What is the suffix in the word extensive?

the suffix in the word extensive is exten


How do you use widespread in a sentence?

The media irresponsibly reported an unconfirmed rumor, causing an unnecessary, widespread panic. The word widespread is an adjective, and the word extensive is a synonym.


What is another word for widespread?

Pervasive, prevalent, ubiquitous, pandemic, extensive...


What is the synonym fore the word vast?

Wide, extensive, widespread, prevalent, expansive, huge.


Getting a Contract with a Government Agency?

Getting contracts with a government agency can be lucrative for small businesses. They are reliable, long-term, and can often pay well. Unfortunately, most government agencies require a long bidding process for their contracts, followed by extensive record keeping and compliance checks. To help build business with government agencies, consider hiring a consultant on a part-time basis. These professionals can help navigate the many rules and regulations of the government bidding process, speeding up the pace with which new contracts are acquired. They may also have networking connections within certain agencies, helping businesses make the right connections to ensure a smooth path through the bidding process.


Are there special requirements for manufacturers of baby and toddler clothes that are meant to protect children?

There are extensive federal regulations for manufacturers of children's and bay clothes. These detailed regulations can be found online at the Code of Federal Regulations at gpoaccess.gov.


What branch of media has been subjected to the most extensive federal regulations?

i will have 2 say,radio and television


What other words can you use instead of comprehensive?

Exhaustive, thorough, inclusive, complete, extensive, widespread, or large are synonyms for the adjective comprehensive.


Does fascism allow private business?

Fascist States, of which Nazi Germany was a subset, are states built on a strong traditional, militaristic, and corporatist outlook. In terms of Corporatism, Fascists allow businesses to function as independently-owned monopolies, whose monopoly is protected by the state in exchange for permitting government direction. So, while privately-owned businesses are permitted, extensive government regulation and commandeering does occur in fascist states.