asked 109k views
3 votes
You are now familiar with government and how it plays a role in our economy. What are the advantages and disadvantages of governmental involvement? What changes would you make to improve government’s role?

asked
User HubertS
by
8.4k points

2 Answers

2 votes

The government is involved with the economy because the government limits the imports, stops producers, changes prices.... The advantages mean things can get easier when it come to your way of living, disadvantages would have to be the government changing things that appear to be in their benefit.

answered
User Vikram Tiwari
by
8.0k points
3 votes
Advantage: The market is a safer, friendlier place.
Disadvantage: Heavy regulation, many restrictions.

I would switch to a Lassiez-Faire system
answered
User Claudius
by
7.8k points
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