Saturday
March 28, 2015

Homework Help: economic system

Posted by economyst on Friday, February 2, 2007 at 12:56pm.

"appropriate" is a loaded and subjective word. Further, some government activities and programs could be widely viewed as appropriate up to a point.

That said, we generally expect our federal government to:
establish a monetary system
maintain economic stability with respect to employment and inflation rates
enforce public and private contracts
protect markets from corruption and malfeasance.
allow markets to operate openly and efficiently
provide safety nets for the misfortunate.
etc.

What is the appropriate role for government in the economic system?

That depends upon which economic system you embrace. Please post your answer and we'll be glad to critique it.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

U.S. Government and Politics - My question :) What level of government do you ...
Geography (Ms. Sue) - 1). Some Russians have objected to the creation of new ...
world history - Marina and I have our social studies essays as parts of our ...
american government/ economics - A constituion: is a unitary form of government...
U.S. Government and Politics - Another question :) What level of government ...
government - Which of the following statments is true about U.S. roads and ...
us history - Some help with this questions would be great....thanks everyone. I ...
Government - All of the following are goals the federal government seeks to ...
Economics - Is the federal budget deficit harmful to the U.S. economy? Should we...
American Government - The Constitution establishes rules that the United States ...

Members