Answer to Question #8413 in Finance for king

Question #8413
Do you agree with Adam smith's view that society can rely more on the "invisible hand" than on government to promote economic prosperity?
1
Expert's answer
2012-04-13T11:54:08-0400
There are some issues that should be lead by Government. Other issues can be solved by “invisible hand”
Government should control those branches that are non-profitable but very necessary for society.
For example: homeless people (animals), huge investments on medicine and education.
In any case, government will influence even on free market economy using its fiscal policy.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS
paypal