Government and the Economy

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Government and the Economy by Mind Map: Government and the Economy

1. How Does the Government Protect Property Rights?

1.1. Right of exclusive use of their proberty

1.2. Right to legal protection against abusers of their proberty

1.3. The right to sell or trade their proberty

1.4. http://www.usaid.gov/what-we-do/democracy-human-rights-and-governance/protecting-human-rights

1.5. The article is connected to the question, because its about the human rights, which are essential in today's society.

2. What Does Government Do to Promote Economic Well-Being?

2.1. income redistribution

2.2. cash transfer

2.3. Tax Credit

2.4. unemployment insurance

2.5. http://www.neweconomics.org/publications/entry/the-role-of-local-government-in-promoting-well-being

2.6. The article is connected to the question, because its about the well being of the people in today's economic. Its especially about the health care and insurance provided for the people.

3. How Should Government Address Externalities and Public Goods?

3.1. Subsidies

3.2. Public provision

3.3. Command-and-control policies

3.4. Market-based policies

3.5. http://www.econlib.org/library/Topics/College/marketfailures.html

3.6. The article is connected to the article, because its about the externalities and public goods, and what a person should know about the differences.

4. What Regulatory Roles Does Government Play in Our Economy?

4.1. Protecting consumers

4.2. Protecting savers and investors

4.3. Balancing costs and benefits

4.4. http://www.heritage.org/research/reports/2009/09/the-economic-role-of-government-focus-on-stability-not-spending

4.5. The article is connected to the question because its about the role the government play in our economy. It says that the focus is on stability and not on spending, which is important to have a "healthy" econom.