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That government should be the controlling and regulating authority.

government involvement would be dangerous to individual freedom.

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11y ago
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8y ago

they believed it would hurt individual freedom

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Q: What was the democratic position on the economy?
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Related questions

What was the Democratic position on getting the government involved in the economy?

they believed it would hurt individual freedom


What was the democratic position on getting the government involved the economy?

they believed it would hurt individual freedom


What economy does Dominican Republic have?

it has a democratic economy


What kind of economy is most closely related to a democratic economy?

Democratic societies usually have free market economies.


How can a government correct a capitalist economy?

A capitalist economy would belong to a democratic country. The only way this democratic society could change is through a democratic vote. How many people are going to want an alternative economy ?


Is the Democratic Republic of the Congo a market or command economy?

It is a market economy.


How does Japan's economy operate?

Japan developed democratic governments and it has a command economy


What is centrally planned democratic free economy?

A centrally planned democratic free economy is one whereby the budget making process involves everyone.


Do command economy often exist in democratic systems?

no


How might democratic reforms and improved trade agreements contribute to a stronger economy in Mexico?

Democratic reform leads to political stability and human development which leads to improve productivity and economy.


What type of economy does a democracy have?

Democratic countries usually have a mixed economy, somewhere between capitalism and a free market economy.


How does the type of economy affect the type of government?

The type of economy usually matches the type of government. For example, a democratic country will usually have a capitalist (or free market-based) economy while a non-democratic country will usually have a socialist economy. The more freedom there is in the government usually brings about more freedom in the economy. However, I would say that the type of government affects the economy and not vice versa. Of course, if the economy completely crashed, it could cause a democratic country to become non-democratic. People tend to vote for radical decisions during crises.