Substantial state intervention into the economy been helpful and in what cases has it had negative effects
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Substantial state intervention into the economy been helpful and in what cases has it had negative effects? When referencing textbook or other sources, use ASA citation style. ANSWER:
GOVERNMENT INTERVENTIONS
One of the main doctrines of capitalism, it suggests that the economy should be free from government control or intervention, and should be driven by the market forces. It claims that people are naturally driven by self-interest or not interfered-with regarding their economic activities, an equilibrium system of production and a balanced trade based emerges. Minimum government control in economic activities means more economic prosperity and freedom. When individuals are unrestricted to pursue and choose any commercial cost effective opportunities, a states economy runs...