Why do some people accept as legitimate an active role of government in economic matters?
What will be an ideal response?
An ideal response will:
1, Discuss how there are major economic collapses such as the Great Depression or the economic collapse of 2008 . In these cases, some argue that it is necessary for government to get involved to stimulate the economy and help create jobs. Some students may recognize this as a position often favored by Democrats and liberals.
2, Discuss how markets may not regulate themselves. Some believe government intervention may be necessary to save certain industries and jobs, such as the auto industry.
3, Discuss how unregulated, free market economics may produce greater inequality, some of which may be desirable.
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Regardless of their individual contributions, __________ are benefits received by all members of a group
Fill in the blank with the appropriate word.
Consumer-outcome criteria refers to:
a. Measurable client-based services. b. The effectiveness of a policy in ameliorating social problems. c. The profit gained by providing resources. d. An agency’s performance in a social setting.