This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Why do some people accept as legitimate an active role of government in economic matters? What ... (Read 23 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
on: Jul 10, 2018
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
Reply #1 on: Jul 10, 2018
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
:D TYSM

Dominic

  • Member
  • Posts: 328
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

The Role of Summation in Long-Term Potentiation The Role of Summation in Long-Term Potentiation
Upward social mobility, though welcome, can place people in a world so different from their world of ... Upward social mobility, though welcome, can place people in a world so different from their world of ...
Economic Globalization Economic Globalization
Outgroup role in relative rate test Outgroup role in relative rate test
economic question economic question
Collage of people showing emotions Collage of people showing emotions
Video: Wound Repair Animation

For a complete list of videos, visit our video library