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The American Private Enterprise System

The American Private Enterprise System. Part III. The Role of Government in Our Economy. Government involved with Economy. Protection of rights and freedoms Providing goods and services Regulation Promotion of economic growth and economic stabilization Direct support to individuals.

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The American Private Enterprise System

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  1. The American Private EnterpriseSystem

  2. Part III The Role of Government in Our Economy

  3. Government involved with Economy • Protection of rights and freedoms • Providing goods and services • Regulation • Promotion of economic growth and economic stabilization • Direct support to individuals

  4. Important Terms • Supply of Money • Inflation • Monetary Policy • Employment • Ever- PresentHand of the Government

  5. Economic Theories That Vie for Dominance • John Maynard Keynes • Other economist theories: • Monetarist • Supply Siders • Post Keynesians • Rational Expectations

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