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3 paradigms paradigm of neoclassical economics is a broad theory that focuses on supply and demand as the driving forces behind the production, pricing, and

3 paradigms

  1. paradigm of neoclassical economics is a broad theory that focuses on supply and demand as the driving forces behind the production, pricing, and consumption of goods and services.
  2. Economic liberalism paradigm is a political and economic ideology based on strong support for a market economy and private property in the means of production.
  3. Radical economics was based on the economics of Marx. Inequality of incomes and wealth are seen as the sources of disequilibria in market economies.

my topic is on how government plays a significant role in enabling market regulations on which I will focus on the legalization of cannabis. 2 examples for each paradigm would be needed

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