Question

Which of the major American political parties is generally more willing to accept economic regulation to help attain social or environmental objectives?

Answer 1

Answer:

The Democratic Party

Explanation:

In the politics of the United States, there are two major parties: the Republican Party, and the Democratic Party. The Republican Party is usually considered a right wing party, as it is linked with more free market and laissez faire economic policies. It generally advocates for less government intervention in the economy, under the idea that regulations choke the economy, and that the market if left alone can regulate itself and bring the best results. On the other hand, as the Democratic Party is usually considered a more left-leaning party, it is generally more willing to accept economic regulation to help attain social or environmental objectives, as it advocates for more government intervention in order to correct the mistakes and downfalls of the economic system.