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Economix - The Role of Government

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Since the Great Depression of the 1930s, governments have tended to intervene in the economy. Today governments collect taxes, which they use for a wide range of services and programs. The federal government implements fiscal and monetary policies to stabilize fluctuations in economic activity. Rapid changes in the economy are challenging traditional government programs and policies. Governments are further hindered by high levels of debt and thus they are actively looking for new ways to respond. Volume 3, Program 2 of the series.

1996, 18 min 20 s

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