Ashford University The Economic Role of US Government Discussion

Question Description

Economics studies how society allocates its scarce productive resources (land, labor, capital, and entrepreneurial talent). 

 * Briefly describe the types of economic systems. What is the United States’ economic system and what are the
characteristics of this economy?

  • What economic role or functions does the U.S. government conduct regularly?
  • Why is the U.S. government’s economic role important or unimportant for the U.S. economy? Discuss whether you favor a larger or smaller government role in the economy.

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