Government Intervention
Date Submitted: 08/08/2004 13:28:08
Government Intervention
For many nations, it is essential to choose a system of organization that successfully and thoroughly meets the needs of all the people. While some countries have supported the idea of communism and strong government intervention in the economy, others have limited the role and power of their governing body in the marketplace. For instance, in the United States, the government has a small role in the planning and monitoring of their economy.
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USSR and the United States of America, it was apparent that little government restriction is most effective for a successful economy. With less restriction, there lies more competition, consumer sovereignty, and individual initiative to succeed. It is the individuals of a country, free to make their own decisions, which determine the success of the whole nation. By being less involved in the planning of an economy, a government is actually doing more for its citizens.
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