What factors distinguish economic conservatives from economic liberals and how might that affect government policy?

What will be an ideal response?


An ideal response will:
1, Define economic conservatives and economic liberals. Economic conservatives emphasize economic liberty, freedom from government interference, and free markets. Economic liberals emphasize the necessary role of government in ensuring equality of opportunity, protecting businesses, and providing safety nets.
2, Provide a clear distinction between how each views the role and purpose of government in the economy.
3, Provide examples of how these beliefs translate into government policy.

Political Science

You might also like to view...

Exit polls are based on probability sampling

Indicate whether the statement is true or false.

Political Science

The United Nations is an example of what type of international organization?

A) Global, multiple issue B) Global, single issue C) Planetary, single issue D) Regional, multiple issue E) Regional, single issue

Political Science

Colonists responded to the "Intolerable Acts" by forming the __________

a. Republican Party b. First Continental Congress c. Democratic Party d. Third Continental Congress e. Northeastern Congress of Colonies

Political Science

Texas is a leader in the number of new jobs created annually, _____

a. but many of those jobs require high education levels b. but many of those jobs are low paying c. but this is not likely to last due changes in the Texas economy d. and we have relatively low rates of poverty e. and this is the result of the state's reputation as a high-service state

Political Science