Topic: Some economists argue that the government intervention makes the economic outcome even worse. Some argue...
Topic: Some economists argue that the government intervention makes the economic outcome even worse. Some argue that there are important economic roles of the government. What is your opinion? Does the government do good or bad? Briefly discuss.
Homework Answers
The economist in favor free market system argued that government intervention minimum wages, minimum price supporting system will adversely affect the working of the economy hence government intervention is not required in economic activities.
The government intervention in the economic activities desirable present economic system of any country. The free market economy works without the government intervention well-structured economy.The 1930's great depression and 2017 great recession showed the failure of the free market economy when the economy is not regulated.
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Topic: Some economists argue that the government intervention
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