How much of a role do you think government should play in the economy, in reference to regulation and/or deregulation? Which eco

Question

CaHeK987 [17]

3 years ago

5

How much of a role do you think government should play in the economy, in reference to regulation and/or deregulation? Which eco

nomic system do you think matches this belief, and why? (command, market, mixed, traditional)

Social Studies

1 answer:

Lera25 [3.4K] · Answer 1 · 2022-03-08T13:25:14+03:00

Answer: Government activities or intervention should be highly considered in the economy due to the fact that Government get into people's needs and know the most pressing needs of the society.

Also, government will ensure equitability in the distribution of goods and services there by making everyone a beneficiary of social services provided by the government and this will help to reduce inequality in the society.

Government activities should determine the needs of the people to avoid marginalization in the society as well.

Explanation:Command market describe this. Since command market is a market that government control the activities.