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Who is theory of economics believed in a hands off approach with the respect of the government involvement in the economy?
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Whose theory of economics believed in a hands-off approach with respect to the government's involvement in the economy?
adam smith
Defenders of laissez-faire economics believed that government should?
true
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.
Which president believed in the principle of trickle down economics?
Ronald Reagan believed in the principle of trickle down economics.
Which president believed in the principle of trickle-down economics?
Ronald Reagan
Whose theory of economics believed in a hands-off approach with respect to the government's involvement in the economy?
adam smith
Defenders of laissez-faire economics believed that government should?
true
Was there any government support with the invention of the light bulb?
No. At the time Government believed in private corporations or individuals be able to work without their involvement.
Keynes believed that the result of government involvement in the problems of the people during the Great Depression would be?
Full Employment
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.
What was the whig position of the economy?
They believed that the government should spend money to help the economy.
What was David Ricardo's belief?
he believed in -supply and demand economics -free trade between nations -market competition with minimal government interference
Why was david ricardo important?
he believed in -supply and demand economics -free trade between nations -market competition with minimal government interference
What is President Jefferson's philosophy that government should not interfere with industry?
President Jefferson's philosophy was rooted in the belief that government should have limited interference in industry. He believed that a laissez-faire approach, with minimal regulation and intervention, would allow the economy and individual businesses to thrive. This philosophy extended beyond industrial intervention to a broader belief in limited government involvement in citizens' lives.
Why did the Whigs support the use of government money to build transportation systems?
State governments could not do the job well on their own.
Which president believed in the principle of trickle down economics?
Ronald Reagan believed in the principle of trickle down economics.
What was the Whig party position on the economy?
They believed government involvement would protect the economy.They believed that the government should spend money to help the economy.Tyler vetoed the Whig economic legislation and was expelled from the Whig party. It presently has two members elected to a school board and a local position.
