Question

From a capitalist perspective, which of the following should government Not do? a. protect against foreign...

From a capitalist perspective, which of the following should government Not do?

a. protect against foreign threats b. maintain social order c. regulate prices d. establish legal order

Homework Answers

Answer #1

A capitalist country can actually get to establish social and legal order in order to protect its citizens and this doesn't really come in the form of capitalism but it is rather executive power of the government. it can protect against foreign threats and again the reason is to protect the citizens and the country and therefore

(a,b,d) are wrong

However a capitalist country, must not regular prices and this is because the prices are regulated by the market forces in a capitalist economy when the demand and supply conditions and the number of competitors get to influence the pricing structure on the whole

Therefore (c) is the answer to this question

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