The government's involvement with FDR’s New Deal was a great step forward to improving the economic crisis The Great Depression had. Now that we have our second largest fall in history, should the government still be involved in the economy after seeing the outcome it left America and its people? The government today has two types of policies. One of them include monetary policy which involves the management of money supply and interest rate. Another type of policy we have is the fiscal policy. The fiscal policy adjusts its spending levels and tax rates. Both of these policies have the same purpose, to help the economy achieve growth, reduce unemployment, and stabilize the price stability. I believe after the FDR’s New Deal outcome in the economy, …show more content…
government attempted to regulate in the public interest.Congress passed the Sherman Antitrust Act, a law aimed at restoring competition and free enterprise by breaking up big business combinations known as monopolies. Consolidation of smaller companies into bigger ones enabled some very large corporations to escape market discipline by "fixing" prices or undercutting competitors.Gas prices were low, and other, powerful oil companies seemed strong enough to ensure competition. The Federal Efforts to Control Monopoly gave certain buyers an advantage over others; forbade agreements in which manufacturers sell only to dealers who agree not to sell a rival manufacturer's products; and prohibited some types of mergers and other acts that could decrease competition. In conclusion, this policy provided companies to fix pricing or undercutting providers with is good for the …show more content…
although this statement is mostly true, there are some exceptions. It’s obvious that the Government shouldn’t be involved with the economy and businesses within the United States. They shouldn’t be involved because of the harsh regulations and rules they have put upon businesses. From this it gives more power to bigger businesses that have the capability to drive out smaller businesses, which makes unfair competition. Whenever the Government “tries” to help a problem, either in the United States or Internationally, they tend to make the problems worse. With that being said, it’s more than obvious that the Government shouldn’t have the power to maintain the Free Market, or regulate businesses. They might just make it worse, and the free market could collapse. However, through my evidence, it proves that the Government should be apart of the Free Market and business. Since the Government is apart of regulating businesses, it allows smaller companies to expand and grow. With the help of the Government, it also allows the economy to be organized. If they didn’t regulate the Free Market, our economy would be in ruins, due to the bigger businesses wanting more money. They would cheat their way to the top, and would have too much power in the economy. Since the United States is segregated into three classes; wealthy, middle-class, and poor. The government stops the wealthy from being too wealthy,