Sunday, April 22, 2007
Governments Role
In every society the governement takes control. They have control of the exports, imports, the military, the people and much more. The government controls so much! It affects the output of the economy in every society. Throughout the history of the economy in the U.S. we ahve had our ups and downs in the stock market and have had many catatrophes change the economy for the better and for the worse. Everytime the United States engages in a war the economy changes. The government is forced to take people out of certain jobs and place them in a more military based job. Take WWII for example, they took people that made refrigerators or air conditioners and placed them in a facotry that helped produce guns or machinery. This changed the goals and aspritions of the economy and the peopel that make their wealth off on these certain productions. Every decision the governemnt makes affects the economy. The government in a way controls the economy. Another catastrophe that changed the economy was the attacks of 9/11. People lost their jobs and the economy started to struggle. The value of houses and property went down and peopel began struggling financially. When the United States was attacked, the terrorists hurt more people then the ones that were in the crash or in the buildings. Mothers, fathers, uncles, aunts, neighbors and friends lost their jobs and struggled when the terrorists hit the US. The actions of the government can make or break the US economy.
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