Most economists agree that government efforts in economic development must be

Question

Quizplus · Accepted Answer

Most economists believe that government efforts should be designed to support private efforts in economic development. This means that the government should create a regulatory and policy environment that encourages private investment and entrepreneurship, rather than replacing private efforts altogether. However, there may be cases where the government needs to intervene more directly, such as by providing funding for basic research or infrastructure development, in order to spur economic growth.

Most Economists Agree That Government Efforts in Economic Development Must