This topic contains a solution. Click here to go to the answer

Author Question: Why do some people accept as legitimate an active role of government in economic matters? What ... (Read 61 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
Why do some people accept as legitimate an active role of government in economic matters?
 
  What will be an ideal response?

Question 2

Which of the following rewards poor parents for working?
 
  a. Children's Health Insurance Program
  b. food stamps
  c. Aid to Families with Dependent Children
  d. Earned Income Tax Credit



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cswans24

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

An ideal response will:
1, Discuss how there are major economic collapses such as the Great Depression or the economic collapse of 2008 . In these cases, some argue that it is necessary for government to get involved to stimulate the economy and help create jobs. Some students may recognize this as a position often favored by Democrats and liberals.
2, Discuss how markets may not regulate themselves. Some believe government intervention may be necessary to save certain industries and jobs, such as the auto industry.
3, Discuss how unregulated, free market economics may produce greater inequality, some of which may be desirable.

Answer to Question 2

d




jc611

  • Member
  • Posts: 552
Reply 2 on: Jul 10, 2018
Excellent


lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

For a complete list of videos, visit our video library