Question

All of the following are true statements regarding neoliberalism except Group of answer choices the government should not regulate private enterprise and market forces. the government should strive to cut expenses. property should be communally owned and that people should work for the common good. profits should be maximized through cost reduction. international trade and investment should be tariff and barrier free.

Answer 1

Answer:

Property should be communally owned and that people should work for the common good

Explanation:

Neoliberalism

This simply entails a shifts in economic control from the government to personal. It reduces the government control so that there is economic growth by favouring free trade and privatization. It is the preference of private control over public. Neoliberalism addresses inflation by creating new monetary policies that reduce or starve inflation.

It is is also defined as the full commitment to individual liberty, and holds the belief of a free market and opposition to state intervention in it. It is often referred to as the "Washington Consensus".

There are four stages of neoliberalism, which are:

1. Classical liberalism

2. Depression era

3. Neoconservatism

4. Neo-Marxian