social

Title: social
Category: Law & Government / Government & Politics | Words: 444 | Pages: 1.9 (approximately 235 words/page)

social

The three most important ways the government should intervene with the economy is through social programs, health and safety controls and environment protection. Government funded social programs are essential for an economy and a country as a whole to prosper. Some of the social-insurance programs in place are welfare, pension and disability. Some citizens are unable to work because of old age, a disability or unemployment. There has to be government support to help people …showed first 75 words of 444 total…

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…showed last 75 words of 444 total…their profit by keeping their overhead costs low. The government must also intervene as little as possible with the innovation industry, except to place safety laws such as testing on animals. If a person is going to create a new product there can’t be so many laws that the person is narrowed down to one or two products. The choice has to be unlimited so the innovator can create whatever the consumers are demanding.

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