power and dictator
John Maynard Keynes was the father of a "mixed economy" in which the government plays a crucial role.
the untied states
Technology plays a key role in the advancement of economy for a nation. With modern technology a nation is able to streamline its process, multiply its production, thus adding to the economy.
State capitalism is when there is a free-market economy, but the government actively plays in the economy as an investor, manager, and organizer of various companies.
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.
The government.
John Maynard Keynes was the father of a "mixed economy" in which the government plays a crucial role.
the untied states
Technology plays a key role in the advancement of economy for a nation. With modern technology a nation is able to streamline its process, multiply its production, thus adding to the economy.
State capitalism is when there is a free-market economy, but the government actively plays in the economy as an investor, manager, and organizer of various companies.
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.
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.
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.
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.
Yes, I suppose that is true. But surely the government is supposed to do that in all forms of government. If the Government doesn't have a large influence on the economy of the state, however it is governed, what else is there for the government to do ? Do you suggest the economy should be outside the control of the government ? Because surely if it is what you are voting for is also beyond the control of your vote to influence. -----TRUE
Those who favor supply side policies are supporting that the government plays a reduced role in the economy. They are not supporting a government that has a role in the stock exchange.
I believe the term is "Command Economy". This type of economy is where the state/Government has a very large role in the day to day lives of people, essentially controlling the economy in terms of production, working, etc. It is kind of a communistic type of Government. The purpose behind a Command Economy is that every individual is looked after. This is different than a "Free-Market Economy", in which the Government plays a smaller role in the day to day lives of individuals. Individuals are permitted for example to sell things for what price they want, and they are allowed to buy whatever they want and how many they want. Somebody may own ten pairs of shoes in a Free-Market Economy while it is lessl likely for something like that to occur in a Command Economy.