0
Socialists advocate for government control of the economy to promote equality and reduce the disparities created by capitalism, which they believe can lead to exploitation and social injustice. By nationalizing key industries and implementing regulations, socialists aim to ensure that resources and wealth are distributed more fairly among the population. They argue that a centrally planned economy can better meet the needs of all citizens, rather than prioritizing profit for a select few. Ultimately, the goal is to create a more equitable society where everyone's basic needs are met.
What else can I help you with?
Why didn't hoover want the federal government to interfere with the economy?
he didn't want people to depend on the government
In a country where the government has some control over the economy and buisnesses also provice goods and services that consumers want how do you describe their economic system?
self sustained
How much control does Russia's government have over it's economy?
In brief, it has total control. All business is controlled by the government. The government decides what to make, when to make it, how much to make, who sells it, and how much it sells for. In addition, its the government that gives the people what it feels they need, rather than what the people actually want.
Explain why there is a need for limited government regulation within the economy?
Limited government allows citizens to have more control over their lives. Of course there are laws in place however, Americans still have freedom and are allowed to do what they want. Limited government provides Americans with the opportunity to be in control of their life and have a say in the way the government is ran.
Did Socialists want to reform Laissez-faire Economics?
No.
Why didn't hoover want the federal government to interfere with the economy?
he didn't want people to depend on the government
What is the Republican view on economy?
They want a strong economy with little government spending -Bailey
What do socialists not support?
Socialisst do not support individual initiative nor private enterprise in industry. They want industries to be owned and managed by the government.
Why there is a need for limited government regulation within the economy?
Limited government allows citizens to have more control over their lives. Of course there are laws in place however, Americans still have freedom and are allowed to do what they want. Limited government provides Americans with the opportunity to be in control of their life and have a say in the way the government is ran.
In a country where the government has some control over the economy and buisnesses also provice goods and services that consumers want how do you describe their economic system?
self sustained
How much control does Russia's government have over it's economy?
In brief, it has total control. All business is controlled by the government. The government decides what to make, when to make it, how much to make, who sells it, and how much it sells for. In addition, its the government that gives the people what it feels they need, rather than what the people actually want.
Explain why there is a need for limited government regulation within the economy?
Limited government allows citizens to have more control over their lives. Of course there are laws in place however, Americans still have freedom and are allowed to do what they want. Limited government provides Americans with the opportunity to be in control of their life and have a say in the way the government is ran.
Why do socialists want to eat your freedoms?
to be free
What did president truman want to control by keeping the economy in order-?
President Truman wanted to keep the government expenditure in check bearing in mind that the US was fighting Japan.
Did Socialists want to reform Laissez-faire Economics?
No.
What groups wants government to take a significant role in American society?
A few are: communists, socialists, democrats, etc. On the other hand libertarians want total abolition of government and any controls on their actions.
Why do conservatives think liberals are bad?
because they are two opposing views, the Conservatives want a small government with private companies to do more for the economy and the Liberals want a larger government with more of a mixture of government and private companies in the economy. (I am thinking in UK politics)
