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The American Private Enterprise System. Part III. The Role of Government in Our Economy. Government involved with Economy. Protection of rights and freedoms Providing goods and services Regulation Promotion of economic growth and economic stabilization Direct support to individuals.

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part iii
Part III

The Role of Government in Our Economy

government involved with economy
Government involved with Economy
  • Protection of rights and freedoms
  • Providing goods and services
  • Regulation
  • Promotion of economic growth and economic stabilization
  • Direct support to individuals
important terms
Important Terms
  • Supply of Money
  • Inflation
  • Monetary Policy
  • Employment
  • Ever- PresentHand of the Government
economic theories that vie for dominance
Economic Theories That Vie for Dominance
  • John Maynard Keynes
  • Other economist theories:
    • Monetarist
    • Supply Siders
    • Post Keynesians
  • Rational Expectations
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