what did Charles Wheelan mean when he said, "Good government makes a market economy possible. Period. And bad goverenment, or no goverenment, dashes capitalism against the rocks."? Do you agree or disagree? Why?

Respuesta :

Answer: Agree.

He was determined to do his best even if it was possible or not

Explanation:

Answer:

Charles Wheelan meant that "Good government makes a market economy possible. Period. And bad government, or no government, dashes capitalism against the rocks. Yes I  agree with him.

Explanation:

Charles Wheelan meant that "Good government makes a market economy possible. Period. And bad government, or no government, dashes capitalism against the rocks."

This is factual because a market economy is a system where the forces/laws of supply and demand direct the production of goods and services. Supply includes natural resources, capital, and labour. Demand includes purchases by consumers or the Households, businesses or firm, and the government.

In a similar vein, he buttressed his point on the same matter by saying that

“A market economy is to economics what democracy is to government: a decent, if flawed, choice among many bad alternatives.”