Business, 29.01.2020 23:02 Sushmitarai4934

If the government intervention is greater then is it good or bad for economic freedom, government spending, trade and privatization?

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Answer from: whohelpme

Explanation:

I believe it is not so good for anything you have listed. It always means (eventually) that freedom is limited, governments increase in size and in influence, that trade is curtailed, and that privatization is a right of the past.

Mind you, that's just an opinion. There are some pieces of informal evidence available (like the growth of the influence of the IRS in the United States or the CRA where I live in Canada). There's also the difficulty of reading and interpreting government documents. Rome ran into real problems once the lawyers got into writing the law rather than the senators. What was once simple statements became hugely convoluted documents whose contents sounded like educated gibberish. Sound familiar?

If you pay income tax, do you fill out the forms, or do you get H and R block to do it for you? If you have more than just a simple income statement then you would be wise to let H and R block do it for you.

Answer from: Quest

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

Answer from: Quest

In line with other previous and contemporaneous proposals, in 1912 the meteorologist alfred wegener amply described what he called continental drift, expanded in his 1915 book the origin of continents and oceans and the scientific debate started that would end up fifty years later in the theory of plate tectonics.

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If the government intervention is greater then is it good or bad for economic freedom, government sp...

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