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Every modern society has a government of some sort, and every society has an economy as well. But how do the government and the economy intersect in society? That debate is prevalent in the United States today: how much influence should the government have on businesses, workers, and the economy? Some people say that the government should not have much influence on the economy—only the minimum necessary to ensure that society functions well. Others say that the government should ensure fair and equitable distribution of resources for all companies and workers. Still others say that the role of the government falls somewhere between those two extremes.


You can start thinking about the intersection of government and the economy in the United States by considering your everyday life. From the time you get up in the morning until you go to bed at night, what contacts do you have with the government? Which of those contacts are related to the economy?

Respuesta :

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The United States government doesn't meddle much into economy. This is because it's based on liberal laissez faire principles which state that the government should not impose it's own business practices on the economy. You can see that by the fact that anyone with money can open up their shop or food place or anything similar. You can also see that in a new IPhone that is being released every year for hundreds of dollars and everyone buys it. There is a high chance that in a government controlled economy that would not be a possibility because the government would control investments and production. What the government does do is prevents things like business malpractices, fraudulent behavior, monopoly establishment, and anything other that could harm your right to participate in the economy and to open up your own business.

Answer:

The United States government doesn't meddle much into economy. This is because it's based on liberal laissez faire principles which state that the government should not impose it's own business practices on the economy. You can see that by the fact that anyone with money can open up their shop or food place or anything similar. You can also see that in a new IPhone that is being released every year for hundreds of dollars and everyone buys it. There is a high chance that in a government controlled economy that would not be a possibility because the government would control investments and production. What the government does do is prevents things like business malpractices, fraudulent behavior, monopoly establishment, and anything other that could harm your right to participate in the economy and to open up your own business.

Explanation:

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