Government policies affect market economies in numerous ways. The largest areas of government intervention in the economy are through Fiscal and Monetary Policy. Fiscal Policy is when the government decides to use revenues obtained through taxation to influence the economy. An example of this is when the US Government bailed out failing financial institutions in 2008 after the financial collapse by using citizens tax dollars to influence the economy. Monetary policy is when the government uses control of the money supply to influence the economy. An example of this is when the US Government buys or sells U.S. Treasury bonds at different rates to increase or decrease the amount of money in supply which influences interest rates and the overall economy. Another example by which the U.S. Government influences the "free market" is by imposing tariffs and quotas on US imported goods. These are essentially barriers or taxes on goods entering the U.S. Market. An example of this could be a 5% Tax on (x) good that is imported from China.
the telephone, it changed the way people communicate in a quicker and easier way
The desire to promote respect for the culture, talent, and humanity of African Americans.
Answer:
I hope this is what you mean
Explanation:
Restricting output onto the market. Charging a higher price than in a more competitive market. Reducing consumer surplus and economic welfare.
Answer: The answer is complex and not straightforward.
Explanation:
The article relates to Churchill and Roosevelt, so is probably dated from World War 2.
Given this and the reference to the use of force by aggressive nations it is reasonable to assume that this refers to the Axis nations and their allies, primarily Germany, Japan and Italy.
What is being referred to is reflected in the policies applied to Germany and Japan at the end of World War 2. (Italy had already switched sides and deposed Mussolini).
In the post war agreements drawn up, Germany and Japan were largely demilitarised with strict control over their armed forces. In the case of West Germany their limited armed forces existed only within the context of NATO to prevent any aggressive use as was evidenced at the beginning of World War 2.
In both instances these countries were not allowed to develop or possess nuclear weapons.
Until such time as there is a global disarmament treaty, as referred to in the article, then countries which are deemed "aggressive", the losers in a conflict, by others, the winners, have arms controls imposed.
Of course this does not and has not stopped the proliferation of weapons, and conflicts throughout the world since 1945, including the aggressive policies of countries such as the UK and the USA.
