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Should demand side policies always be used rather than supply side policies when a government intervenes in an economy?
Wiki User
∙ 11y ago
If the problem in the economy is due to a lack of demand than demand-side policies would be required. If the economy is experiencing a recession, for example, then demand side policies might be appropriate. If the economy is at or near full employment then the focus might be more on increasing aggregate supply.
Wiki User
∙ 11y ago
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What extent should government intervene in free trade?
In a free enterprise (market) economy, the expected role of the government is to allow free operation of the market unless market failure occurs at which point it intervenes to prevent welfare losses.
When the country is experiencing an economic slowdown the government should exercise what action?
The government may exercise appropriate monetary or fiscal policies. However, the degree to which the government should interfere in the economy is a matter of continuing debate, beginning with the FDR administration and the Great Depression of the 1930's.appropriate budgetary policy
What role do you think the government should play in the economy?
No role the government should play.
Should the Government manage the economy?
No it should not. there is no way that a government could get control over the complexity's that make any economy work. that does not mean however that some economic factors should not be overseen by the government to make sure that they are legal under the law of the land.
Who believed that the government should influence the economy?
john maynard keynes
What extent should government intervene in free trade?
In a free enterprise (market) economy, the expected role of the government is to allow free operation of the market unless market failure occurs at which point it intervenes to prevent welfare losses.
Where Utilitarianism held that government policies should promote?
AS
What role do you think the government should play in the economy?
No role the government should play.
When the country is experiencing an economic slowdown the government should exercise what action?
The government may exercise appropriate monetary or fiscal policies. However, the degree to which the government should interfere in the economy is a matter of continuing debate, beginning with the FDR administration and the Great Depression of the 1930's.appropriate budgetary policy
What does socialism argue should be the government's role in the economy?
Socialism argues that the government should coordinating the economy, subsidizing corporations in the economy, and actively participating in the game of opening, closing, and running businesses.
What was the whig position of the economy?
They believed that the government should spend money to help the economy.
What was a major point of debate between Whigs and Democrats on economics policy?
How much government should be involved in the economy
Conservatives believe that?
there should be little government regulation of the economy.
How many presidents tried to help the US economy?
All US presidents have made efforts to help the economy in one way or another. However, it is worth noting that some presidents are particularly recognized for their significant impact on the economy, such as Franklin D. Roosevelt for his New Deal policies during the Great Depression and Ronald Reagan for his economic policies focused on deregulation and tax cuts.
Should the Government manage the economy?
No it should not. there is no way that a government could get control over the complexity's that make any economy work. that does not mean however that some economic factors should not be overseen by the government to make sure that they are legal under the law of the land.
How did Progressives plan to improve government?
Progressives believed that the government should have policies that protected workers. They also thought government should help the poor.
Who believed that the government should influence the economy?
john maynard keynes
