In the subject matter of economics, there are several types of roles that the United States government can assume for the U.S. economy. Those roles are: Economic Liberalism, Government Intervention, and Deregulation/ Privatization. To decide which role is most appropriate when talking about American economics, we must first define each of them. Economic Liberalism is an economic theory, in which freedom of action for the individual and the firm is promoted through several principles: …
showed first 75 words of 811 total

showed last 75 words of 811 total
…better life for themselves. It is the quintessential essence of the "American Dream", where a person is free to seek out their own personal occupations and enter into any business operation or venture. This topic is extremely relative to issues happening in today's day and age of economic adventures, due to the fact that Economic liberalism is strongly associated to the schools of Conservatism. Economic Conservatives want big business, with free-markets and laissez faire governments.