Question
1.What types of control can government impose on the economyand what has always been the outcome of these controls?Why do bad outcomes always occur when
1.What types of control can government impose on the economyand what has always been the outcome of these controls?Why do bad outcomes always occur when government intervenes excessively in the economy?
2.Should the government be the largest provider ofemploymentin the economy and why is itnatural to expect that a majority of government workersand career bureaucrats will behighly inefficient in the performance of their jobsrelative to their counterparts in the private sector?
3.When government becomes larger,the economic freedoms which are needed in order to make society more prosperous and wealthier are lost.The poor have lesser opportunities to get themselves out of poverty when government becomes bigger and ultimately an economy stagnates when the burden of public debt becomes too large.Explain why these are always the bad outcomes from having an excessively large government.
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