Author Question: How do Keynesian economic policies differ from the traditional laissez-faire policies developed by ... (Read 69 times)

burton19126

  • Hero Member
  • *****
  • Posts: 532
How do Keynesian economic policies differ from the traditional laissez-faire policies developed by Adam Smith?
 
  a. Laissez-faire policies advocate for cutthroat capitalism, while Keynesian policies seek to spread wealth equally among a nation's citizens.
  b. Laissez-faire policies advocate for increased spending and stimuli for government-run businesses, while Keynesian economics argues for a hands-free approach.
  c. Keynesian policies advocate for increased government control of economics, while traditional laissez-faire economics argues for a hands-free approach.
  d. The more liberal laissez-faire economies distribute wealth more evenly among society, while Keynesian economics tends to distribute wealth among the top one percent.

Question 2

Which of the following would highlight a critical downside of a unitary system?
 
  a. a parliament with very limited control over its national parks and wildlife reserves
  b. the absence of a responsive government when citizens make certain demands
  c. a declining sense of nationalism among elites in society
  d. local officials unable to make basic decisions without the express consent of the central government



ricroger

  • Sr. Member
  • ****
  • Posts: 352
Answer to Question 1

c

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

For a complete list of videos, visit our video library