Wednesday, September 18, 2019
Should the Govt Interfere in an Economy of A Country :: Essays Papers
Should the Govt Interfere in an Economy of A Country Have you ever been on a baseball team? Or any other kind of organization? Then you must know that you need to work and cooperate with a number of other people in order to be successful. More importantly though, there is a coach, an instructor, a boss. This head honcho organizes all aspects of your team and keeps order. The head of your organization tells what you are going to learn, how to use and acquire the talent, and they will inform you what the target of your new skill is. Without a coach there is chaos and misunderstandings on the baseball field. Only the best players on the team will get to play and many feelings of being inferior compared to the rest of the team arise. This is an example of the contrasts of the market economy and the centrally planned economy. Countries are established very much like baseball teams, which is the reason why I chose to use the analogy above. The economy of a country affects everyone living in it and the type of economy changes your values, you r hopes, and especially your reality. I feel that total government control has many more advantages than a market economy and controlled economy gives a country a connected feeling. My first reason promoting total government interference is that the govt. supports handicapped and people with physical disabilities. I attended a speaker in our school's conference and she told us a great deal about the mentally ill. Many of them live in a free market system and they are homeless because they are unable to get jobs to support themselves. Competition is much too great in the market economy. In the controlled system, the mentally ill would get the same benefits as any other working person. Because of this, the mentally ill are able to eat, to be clothed, to have a roof over their heads, and basically survive. The government and the work force meet their basic needs.Secondly, in a controlled economy there is little supply and demand. The government controls everything and does not allow th e prices to rise and dip as extremely as $11.00/barrel of oil to $29.00/barrel of oil. This makes a controlled economy much more steady and secure. Sudden drops and hikes are virtually unknown to a centrally planned economy and the economy benefits from that.