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Q: What class of people think the government should intervene in the economy to make citizens financially secure?
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How does government intervene in North Korea's economy?

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What is the primary reasons for government to intervene in a free enterprise economy?

The primary reason for government to intervene in a free enterprise economy is simple. The government deemed something to be harmful or deconstructive.


Which of the following was a result of the New Deal legislation?

Government would intervene in the economy if the private sector could not guarantee stability. Have fun on study island..


What is the primary reason for government to intervene in a free-enterprise economy?

to provide more competition


A government that operates a market economy MIGHT become involved in the economy?

to provide public goods and services to its citizens.


Why do economists describe the us economy as a mixed market economy?

Citizens have economic freedoms with some government regulation


What steps did Wilson take to increase the government's role in the economy?

His domestic program expanded the role of the federal government in managing the economy and protecting the interests of citizens.


Why do Americans want the government to intervene in the free enterprise economy?

More people do NOT want more Government regulation or interference than do. However , this administration is deaf to the wishes of the people .


Why might a government intervene in the market economy?

Essentially, due to market failure of some type: the market does not efficiently allocate some desirable commodity and the government attempts to correct this misallocation.


What Mixed economy?

A mixed market economy is one in which most decisions are made by producers (firms) and consumers (households), but the government does have a role in the economy: to ensure that equity/fairness takes place and that everything runs smoothly also the Government plays the role of a market / Economy Watcher they sit back and only intervene when needed.


Describe the limited role of the federal government in the economy in the late 1800s?

The federal government did little to nothing to help people financially, because they didn't think it was their position to


What mixed market economy?

A mixed market economy is one in which most decisions are made by producers (firms) and consumers (households), but the government does have a role in the economy: to ensure that equity/fairness takes place and that everything runs smoothly also the Government plays the role of a market / Economy Watcher they sit back and only intervene when needed.