Friday, September 28, 2012

How much control does the government have over the economy?

Question:  How much control does the government have over the economy?

1.) As of now, I don’t know much at all about this topic.  However, I have always been a little curious about the topic because my brother and my dad have conversations about it a lot and I always wish I could get involved.  

2.) The government (as in congress and the president) does not have total control over the economy at all, but they do have many ways to try to manipulate it.  The economy can only truly be controlled by the people.  The government has many ways of attempting to keep the economy healthy, but the truth is that none of these things are for sure.  For example, the government can impose tax cuts and control where the money goes, but they can never be sure that it will work.  Sometimes the government can temporarily solve problems with the economy.  But sometimes, these solutions just cause inflation which causes more problems in the long run.

10 comments:

  1. What types of economies are there?

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  2. What previous civilizations prospered and why?

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  3. What are the different political parties view's on the economy?

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  4. Should private companies have control instead?

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  5. What are Romney's and Obama's stance on the economy

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  6. Why is the inflation so high right now and how could it go down?

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  7. How does the government manipulate the economy?

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  8. What types of regulations should the government impose?

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  9. How does coining money affect the overall state of the economy?

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  10. what types of economies are successful in other countries? How are they different than ours?

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