Neoliberalism supports laissez-faire economics. In other words, an economy in which their private parties can realize transactions between them without government intervention. It also supports free-market capitalism which beliefs in private ownership of entities and the operation of them in order to make a profit.
Adam Smith is the economist behind this ideology. In his book: "The Wealth of nations" he strongly criticized mercantilism, government subsidies, and the licensing of monopolies.
<em>Privatization programs go in line with this current of thought and have dominated world politics in the western hemisphere during a great part of the 20th century until nowadays.</em>
Answer:
Graphs are a common method to visually illustrate relationships in the data. The purpose of a graph is to present data that are too numerous or complicated to be described adequately in the text and in less space.
Explanation:
<span>It can spend more revenue and/or lower taxes to stimulate demand.</span>
