• Research Paper on:
    Government's 'Proper' Economic Role

    Number of Pages: 5

     

    Summary of the research paper:

    In five pages this report discusses the government's proper economic role. Two sources are cited in the bibliography.

    Name of Research Paper File: D0_BWgvteco.rtf

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    Unformatted Sample Text from the Research Paper:
    and that the venerable Alan Greenspan, chairman of the Federal Reserve Bank of the United States, just made his report (02/11/03) to the Senate Banking Committee, the issue of the  role of the "proper" role played by government in the economy seems to be a particularly relevant consideration. However, what is and is not "proper" has as many interpretations as  there are politicians and economists, perhaps even as many as there are American citizens who take the time to consider the issue. Nonetheless, there are certain undeniable questions to be  asked and considerations to be made regarding the issue such as: What are the goals of the governments involvement in the economy (whether state, local, or federal); What realms of  the economy does the government expect to control and which of those areas does the citizenry expect the government to control or regulate; How does the government address certain ideologies  related to economic realities (i.e. free markets, international trade considerations, individual entrepreneurship); and, the much more esoteric questions that are related to the rights of the people versus the controls  and mandates of "their" leaders. Economic Security Perhaps the single most important role played by any government in terms of its relationship with the economy is that of offering a  measure of security for the legitimate financial interactions and commerce of its citizens. For example, a government role is vital in promoting technologies that are critical to economic growth, the  creation of good jobs, and meeting the common needs of the nation, but cannot attract adequate private investment. It is impossible to deny that the security of the overall environment  in which the modern world exists is dynamic and uncertain, and presents numerous challenges. The current "War on Terrorism," the various political threats taking place throughout the world, the fact 

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