Before a society can create an economic policy, it must first ______.

Question

Quizplus · Accepted Answer

Before a society can create an economic policy, it must first examine the proper role of government in regulating economic activity. This involves questions such as how involved the government should be in regulating markets, what types of taxes and subsidies are appropriate, and how to balance economic growth with social and environmental concerns. The other options are not necessarily prerequisites to creating an economic policy.

Before a Society Can Create an Economic Policy, It Must