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Was The doctrine of laissez-faire is it applies to government regulation of the economy?
The doctrine of laissez-faire advocates for minimal government intervention in the economy, suggesting that free markets operate most efficiently when left to their own devices. This approach posits that competition and individual self-interest drive economic growth and innovation, while government regulation can lead to inefficiencies and distortions. Proponents argue that government should primarily focus on maintaining the rule of law and protecting property rights, rather than actively regulating markets. Critics, however, contend that some regulation is necessary to address market failures, protect consumers, and ensure fair competition.
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List and discuss the authorities responsible for macroeconomics policy formulation and implementation in nigeria?
There is only one authority responsible, and that applies to all countries. It is the government.
A country has a command economy. Which of the following statements applies to it?
The government owns and controls all major industries-apex
What term applies to the economic policy that manages the business cycle by changing government spending?
The term that applies to the economic policy managing the business cycle through changes in government spending is "fiscal policy." This approach involves adjusting government expenditures and tax policies to influence economic activity, aiming to stimulate growth during downturns or cool off an overheating economy. By increasing spending or cutting taxes during recessions, and decreasing spending or raising taxes during expansions, fiscal policy seeks to stabilize the economy.
Why do prices rise when the government prints to much money?
Well when your government prints more money, they still have the same amount of gold, so the gold is worth less of your country's money. The same applies to food and other items. As money is worth less, it buys less things
What is the importance of economics in the society and for students?
The importance of economics is to keep track of money that comes in, and correspondingly what goes out on living costs. This applies from one individual, to a nation's government. Did this answer your question?Tweet This Question to History, Pol
Why is the doctrine of precedence important?
The doctrine of precedent is important because that's where the courts use to govern current cases or to apply the laws if and when a precedent case applies to it.
A outline of the doctrine of judicial precedent as applies to courts in Jamaica?
Sort you head out jamica jamica
Are savings accounts reg cc regulated?
Regulation CC applies to all banks & credit unions, but it only applies to transaction accounts. Nontransaction accounts, such as savings accounts, CDs, share accounts or membership accounts, are not governed by Reg. CC. So Regulation CC does not apply to them; only to checking accounts.
What applies to government corruptions in the progressive Era?
Government corruption was fought by progressives and muckrakers- apex
What of the applies to government corruption in the progressive Era?
Government corruption was fought by progressives and muckrakers- apex
What is the government limited by meaning that the law applies to everyone?
Illuminati ∆
To what extent does the ultra vires doctrine apply in Zimbabwe?
Ultra vires applies in Zimbabwe to the extent that businesses that are valued at below 500,000 USD are under the ultra vires doctrine. This is according to General Notice 280/2012.
What is Federalism as it applies to the US?
The answer is A government where the nation and the states share power
What is regulation 37 in standard care?
Regulation 37 is a regulation that is set out under the Care Standards Act. Basically it is a regulation that requires all providers to inform CQC of incidents that may occur in a care home such as an accident that resulted in a hospital visit, anything that might affect the well being of the service users such as burglary of theft etc etc. This regulation also applies to domiciliary care and childrens homes.
What is social Darwinism and what would it mean for government regulation?
Social Darwinism extends the concept of the survival of the fittest from nature into society. Normally, one would expect Social Darwinists to favour competition and free entreprise with little regulation and to be fundamentlly hostile to welfare provision.
What term applies to organizations that help connect people to the government?
linkage institutions
What following applies to government corruption in the progressive era?
Government corruption was fought by progressives and muckrakers- apex
