Question

In 2008, the U.S. government stepped in to help some failing financial institutions as a way to prevent further collapse of the economy. Typically, the U.S. government does not interfere in these situations. What type of economy does this exemplify?

Answer 1

Answer:

The correct answer is: Limited Government.

Explanation:

Limited Government is a political viewpoint that favors few if any government controls on individuals and the economy. The U.S. Constitution is viewed as a limited enforcer because it lists the power of the Federal Government as well as provisions of certain actions. Any power not given to the Federal Government falls to the individuals' faiths. This difference to state rights gives individuals more freedom because local State governments are considered easier to control than the Federal Government.