The pure market economy and the completely controlled economy are generally models in textbooks.
In reality, most countries have some combination of free market operations and government regulations.
What might be the golden mean in the U.
Be specific in your response, addressing questions such as the following:
Should certain sectors of the economy be regulated? Which ones and why?
Should there be greater or less regulation during certain parts of the business cycle or certain economic conditions? Which ones and why?
In what way should regulation be limited? In other words, what should not be regulated?
Post your primary response.
Be sure to review your writing for grammar and spelling before posting.
Read the SBT Discussion Rubric to understand expectations for this assignment.
Selection of sectors or situations suitable for regulation is plausible and supported by reasons.
Proposed economic and non-economic aims of regulation are supported by reasons.
Proposed limits to regulation are supported by reasons.