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?
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.
An interventionist believes that the government can and should intervene in the economy. List several reasons...
Substantiate the political and economical reasons for government to intervene in markets
In terms of social policy why and how does the government intervene in the economy in terms of monetary and fiscal policy?
should the government intervene in the free market to save failing businesses?
a.List five reasons why the government may want to intervene in markets and provide an example of each. b. Consider the market for night-time events at Bellerive Oval. To host night-time events the oval must have its large light towers switched on which shine brightly into neighbouring houses disrupting their sleep and night-time recreation What is the externality in this situation and why is it a market failure? Draw a diagram for night-time events at Bellerive Oval. Clearly identify: the...
List several reasons why a web page would load very slowly?
7. Use of discretionary policy to stabilize the economy Should the government use monetary and fiscal policy in an effort to stabilize the economy? The following questions address the issue of how monetary and fiscal policies affect the economy, and the pros and cons of using these tools to combat economic fluctuations. The following graph shows a hypothetical aggregate demand curve (AD), short-run aggregate supply curve (AS), and long-run aggregate supply curve (LRAS) for the U.S. economy in April 2020. Suppose the government...
ways in which the government intervenes in markets to prevent failure. Do you believe it is the government’s role to intervene? Is intervention consistent with the Constitution? If you agree, would you place a limit on the level of intervention? If you do not agree, discuss why. Your post should have a minimum of one hundred and fifty (150) words. >>>> PLEASE ANSWER ORIGINAL < I HAVE BEEN RECEIVING THE SAME ANSWER AS MY CLASSMATES. THANK YOU
There is a segment of the US population that strongly believes that the federal government should "stay out of the way of business" and essentially let the marketplace evolve via its own "pure market" dynamics. This perspective views government as essentially the enemy of commerce. Other people strongly believe that government can play a facilitative role in supporting business and industry development. Using an industry of your choice, articulate your own position in regard to the role that government should...
What are the possible reasons why the government may make a market intervention? What are the possible implications of such interventions? How might the wedge between consumers and firms lead to market distortions?
11 Кeynes Keynes believed that the government should regulate the economy through the use of fiscal policy. He encouraged the government to use taxes and spending to fix the economy in times of recession.Give an example of one of our government's economic initiatives today that provides an example of Keynsian policies or briefly explain why you think none exists.