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What are some of the possible key value present in the united state government and the underlie the us economy?
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Use economy in a sentence?
Finding work in the present economy can be a difficult task.
What type of economy is a corporation?
A corporation is not a type of economy. A corporation is a business structure that is present in capitalism, a free market economy.
What are the areas of economy where government intervention is considered desirable?
It is possible according to some interpretations for a market economy to have government intervention in the economy. The key difference between market economies and planned economies lies not with the degree of government influence but whether that influence is used to coercively preclude private decision.[original research?] In a market economy, if the government wants more steel, it collects taxes and then buys the steel at market prices. In a planned economy, a government which wants more steel simply orders it to be produced and sets the price by decree. An economy where both central planning and market mechanisms of production and distribution are present is known as a mixed economy. Germany's social market economy was one of the better functioning mixed economies, as microeconomists note that it had relatively free prices compared to other more socialist countries like the United Kingdom for much of the later 20th century.[citation needed] The proper role for government in a market economy remains controversial. Most supporters of a market economy believe that government has a legitimate role in defining and enforcing the basic rules of the market. Different perspectives exist as to how strong a role the government should have in both guiding the economy and addressing the inequalities the market produces. For example, there is no universal agreement on issues such as protectionist tariffs, federal control of interest rates, and welfare programs. Milton Friedman, along with many microeconomists[Who?], believed that too much government intervention and regulation can result in hampering or stopping the transmission of information necessary to allow the market to operate, resulting in very serious government externalities that can lead to inflation, deflation, recessions, and economic depressions. Milton Friedman believes that the Great Depression was the result of a government created externalities and thus was responsible for the causes of the Great Depression
What economic systems is a mixed economy a combination if?
where the functions of both capitalism and socialism are present,that is called mixed economy.
How big is the US economy?
according to my point of view the us economy wont be co big in the future because of the present conditions and currency crisis of USA
What are some possible key values present in the Canadian government and or society that underlie the Canadian economy?
Public good, cooperation, equity and sharing :3
What is the economy of japan in present?
The Japanese economy is recovering at a moderate pace. The Japanese government is implementing new policies that will ensure that its economy remains stable.
How many central government jobs we have on the present time?
There are over currently over 2.5 Million central government employees in the US. The number of federal employees changes depending on the economy and cutbacks.
The present government and leader or head?
the present government is the head
Use economy in a sentence?
Finding work in the present economy can be a difficult task.
What type of governments are present today?
the present government today are the municipal government provincial government & the federal government
Is the government of present-day Vietnam Communist?
Yes, the government of present-day Vietnam is communist. The Communist Party of Vietnam has been in power since the country's reunification in 1975. It follows a socialist-oriented market economy model, combining elements of socialism with a market-driven approach to development.
What type of economy is a corporation?
A corporation is not a type of economy. A corporation is a business structure that is present in capitalism, a free market economy.
How is who is help you to down economy?
In the present condition of economy only no one can help you in down condition .
What does the word psychodynamic mean?
Psychodynamic refers to the interplay of psychological forces that underlie human behavior, emotions, and thoughts. It often involves exploring unconscious feelings and past experiences to understand present patterns of behavior.
Which party is ruling the present government?
Which present government, US, UK, Canada, Australia, NZ, - -
What are the areas of economy where government intervention is considered desirable?
It is possible according to some interpretations for a market economy to have government intervention in the economy. The key difference between market economies and planned economies lies not with the degree of government influence but whether that influence is used to coercively preclude private decision.[original research?] In a market economy, if the government wants more steel, it collects taxes and then buys the steel at market prices. In a planned economy, a government which wants more steel simply orders it to be produced and sets the price by decree. An economy where both central planning and market mechanisms of production and distribution are present is known as a mixed economy. Germany's social market economy was one of the better functioning mixed economies, as microeconomists note that it had relatively free prices compared to other more socialist countries like the United Kingdom for much of the later 20th century.[citation needed] The proper role for government in a market economy remains controversial. Most supporters of a market economy believe that government has a legitimate role in defining and enforcing the basic rules of the market. Different perspectives exist as to how strong a role the government should have in both guiding the economy and addressing the inequalities the market produces. For example, there is no universal agreement on issues such as protectionist tariffs, federal control of interest rates, and welfare programs. Milton Friedman, along with many microeconomists[Who?], believed that too much government intervention and regulation can result in hampering or stopping the transmission of information necessary to allow the market to operate, resulting in very serious government externalities that can lead to inflation, deflation, recessions, and economic depressions. Milton Friedman believes that the Great Depression was the result of a government created externalities and thus was responsible for the causes of the Great Depression
