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An interventionist believes that the government can and should intervene in the economy. List several reasons...

An interventionist believes that the government can and should intervene in the

economy. List several reasons for government intervention in the economy. List several

reasons for government nonintervention. Are you an interventionist? Why or why not?

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Answer #1

Government intervention in the economy is important for maintaining equality among the society. As in to assist the poor in the society by providing them affordable amenities for basic living. The govt. helps the weaker sections by providing grains in ration shops, neutralizing high prices during inflationary situations etc.

Government intervention in the economy can be disapproved due to the reason that it disbalances the free market forces of demand and supply by intervening to neutralize the prices.

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