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Constitutionally speaking the role of the government is very small. They have the power to coin money, the power to tax, and the influx of government money in the general population offers a "stimulus" to that local economy. However since the government has broken away from the constitution and make their own rules the modern government is much more dangerous to the capitalist free market system the United States is accustomed to. The government can now control interstate and intercontinental commerce through taxation and "regulations." The current administration believes that it can pick and choose companies to give tax money to (i.e. Car Company and Bank Bailouts). Also through taxation and pork barreling the political elite redistribute wealth as they see fit.
What else can I help you with?
What is the governments role in the economy of US?
Governments help ensure that the economy continually grows. A growing economy means that fewer people rely on government assistance to survive.
What role does the US government play in the free market economy?
Generally, the US government allows for the market to act unimpeded unless it causes serious social losses. For example, the government intervenes and regulates in cases of lack of competition, imperfect information, dangerous production or distribution, and externalities.
What was the US union's main economy?
walking
How would the us government most likely react to a boom in the economy?
Increase government spending in order to stimulate the economy
What is the major agricultural economy for the US?
what is the main agriculturale conomy for the us
Which article of the us constitution grants the government power to play a role in the economy?
article 1
What is the governments role in the economy of US?
Governments help ensure that the economy continually grows. A growing economy means that fewer people rely on government assistance to survive.
What role does the US government play in the free market economy?
Generally, the US government allows for the market to act unimpeded unless it causes serious social losses. For example, the government intervenes and regulates in cases of lack of competition, imperfect information, dangerous production or distribution, and externalities.
What does the government have in US market economy?
It doesn't decide which or how many goods are produced, or it doesn't set prices or tell people where to work. The government doesn't play much of a role at all.
What roles does government have in the US economy?
It doesn't decide which or how many goods are produced, or it doesn't set prices or tell people where to work. The government doesn't play much of a role at all.
What was the US union's main economy?
walking
What are cafe numbers?
Corporate Average Fuel Economy (cafe) has to do with fuel economy numbers for a car maker. The US government mandates certain economy ratings.Corporate Average Fuel Economy (cafe) has to do with fuel economy numbers for a car maker. The US government mandates certain economy ratings.
How would the us government most likely react to a boom in the economy?
Increase government spending in order to stimulate the economy
Which economy is closer to US economy?
The US economy is closest to a capitalist economy system, although the US has been known to implement a few socialist policies (like more government intervention)
What is the major agricultural economy for the US?
what is the main agriculturale conomy for the us
What role did the US economy play in this change of public support Vietnam war?
To improve the quality of civics and government edu. by educating students about the history and principles of the Constitution.
What did President Roosevelt do for the US economy?
He increased government spending
