Answered

Discover the answers to your questions at Westonci.ca, where experts share their knowledge and insights with you. Join our platform to connect with experts ready to provide accurate answers to your questions in various fields. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

Whose economic ideas and beliefs most closely match this statement: "Let the free enterprise
system solve economic problems, not the government"?
d
John Maynard Keynes
Milton Friedman
John Kenneth Galbraith
Franklin Roosevelt
O O
3
о

Sagot :

GinnyAnswer

Final answer:

Milton Friedman's economic ideas align with limited government intervention in the free enterprise system, contrasting Keynesian economics and the necessity for government involvement at times.


Explanation:

Milton Friedman's economic ideas closely align with the statement 'Let the free enterprise system solve economic problems, not the government.' Friedman supported free-market capitalism and believed in limited government intervention in the economy, advocating for the market to operate without excessive interference.

Laissez-faire economics is the concept that economic markets should function freely without government involvement for optimal efficiency. However, this approach led to monopolies and regulatory issues, prompting government intervention to ensure fair competition and protect workers.

Keynesian economics, on the other hand, advocated for government intervention in the economy through fiscal policies during economic downturns, contrasting with Friedman's belief in allowing markets to self-regulate.


Learn more about Economic philosophies and government intervention here:

https://brainly.com/question/38534132


Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.