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What was the democratic position on getting the government involved the economy?
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∙ 6y ago
they believed it would hurt individual freedom
Elyse Daniel
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What was the Democratic position on getting the government involved in the economy?
they believed it would hurt individual freedom
What was the democratic position on the economy?
That government should be the controlling and regulating authority. government involvement would be dangerous to individual freedom.
How does the type of economy affect the type of government?
The type of economy usually matches the type of government. For example, a democratic country will usually have a capitalist (or free market-based) economy while a non-democratic country will usually have a socialist economy. The more freedom there is in the government usually brings about more freedom in the economy. However, I would say that the type of government affects the economy and not vice versa. Of course, if the economy completely crashed, it could cause a democratic country to become non-democratic. People tend to vote for radical decisions during crises.
Under this economics theory the government does not get involved in the economy?
Under the economic theory of a free market system, the government does not get involved in the economy. This is true to a certain extent. Government is usually involved when banks fail, larger companies fail, and when farmers need relief from lower prices.
How is the government involved in a planned economy?
In a centrally planned economy, the government is completely in charge of the economy. There is no reward for individual hard work. The government tells everyone what to do.
What was the Democratic position on getting the government involved in the economy?
they believed it would hurt individual freedom
What was the democratic position on the economy?
That government should be the controlling and regulating authority. government involvement would be dangerous to individual freedom.
How does the type of economy affect the type of government?
The type of economy usually matches the type of government. For example, a democratic country will usually have a capitalist (or free market-based) economy while a non-democratic country will usually have a socialist economy. The more freedom there is in the government usually brings about more freedom in the economy. However, I would say that the type of government affects the economy and not vice versa. Of course, if the economy completely crashed, it could cause a democratic country to become non-democratic. People tend to vote for radical decisions during crises.
Which group wanted the government to be involved in the American economy?
Taft is the group that wanted the government to be involved in the American economy. This is a power that is used as a tool.
How can a government correct a capitalist economy?
A capitalist economy would belong to a democratic country. The only way this democratic society could change is through a democratic vote. How many people are going to want an alternative economy ?
What was a major point of debate between Whigs and Democrats on economics policy?
How much government should be involved in the economy
What did Democratic republics believe in?
Democratic Republicans believed in farmers, state power should be limited, and small government and economy. ;)
What group wanted the government to be involved in the American economy?
whigs
How is a government involved in a centrally planned economy?
In a centrally planned economy, the central government decide which part of the country to allocate cash and which one not to.
Under this economics theory the government does not get involved in the economy?
Under the economic theory of a free market system, the government does not get involved in the economy. This is true to a certain extent. Government is usually involved when banks fail, larger companies fail, and when farmers need relief from lower prices.
Under this economic theory the government does not get involved in the economy?
Laissez-Faire
Under this economic theory the government does not get involved in the economy.?
Laissez-Faire
