HGov: Economic Policy


buildeconomy

Business is the major beneficiary of the federal government’s efforts to promote economic interests. A large number of programs, including those that provide loans and research grants, are designed to assist business firms, which are also protected from failure through measures such as tariffs and favorable tax laws. Labor, for its part, obtains government assistance through laws covering areas such as worker safety, the minimum wage, and collective bargaining. Yet America’s individualistic culture tends to put labor at a disadvantage, keeping it less powerful than business in its dealings with the government. Agriculture is another economic sector that depends substantially on government’s help, particularly in the form of income stabilization programs such as crop subsidies.


Homework:
1) Read Chapter 14 pp.445-474
2) Read Chapter 15 pp.481-511

us'divider

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: