2006-09-11 12:48:47 · 20 answers · asked by Angel to da rescue 3 in Politics & Government ➔ Other - Politics & Government
its my school economics questions! plz help!
2006-09-11 12:50:52 · update #1
1. By ignoring them.
2. By blaming on them on the very people who are suffering the most because of them. These are far the most truthful answers you will likely get.
2006-09-11 14:27:34 · answer #1 · answered by mchlmybelle 6 · 0⤊ 1⤋
What economic problem specifically?
Anyways, the federal govt regulates minimum wage to ensure people make enough money to survive. Although it is currently far too low to be considered a "living" wage in most parts of the country. Some cities and states have their own minimum wage after they acknowledged the inneffectiveness of the Federal Gov to regulate it properly.
Thats one example.
Secondly, the Fed Reserve bank adjusts long term interest rates to curb inflation. Its more complex than that but it will give you a start. Good Luck!
2006-09-11 20:19:40 · answer #2 · answered by kmankman4321 4 · 0⤊ 1⤋
Society tries to deal with economic problems by increasing taxes on housing.
They also re-elect new officials to try to rebalance the economy.
2006-09-11 20:14:55 · answer #3 · answered by Rosemary G 3 · 0⤊ 0⤋
It can create a safety net, such as social welfare. Or it can regulate the economy to prevent a problem from happening, the latter one is really hard to enforce. For example it can regulate the stock market from and enforce a tax to discourage margins, or the Federal reserve can regulate the currency supply to stop inflation.
The government can also install civil work programs, like taking care fo the forest, or building highways.
Hope this helps, good lluckc!
2006-09-11 20:13:28 · answer #4 · answered by Anonymous · 0⤊ 1⤋
What is "the economic problem"?
I know many people who have no problem.
One reason people have no money is lack of education. Free or nearly free schooling may address this.
2006-09-11 20:17:26 · answer #5 · answered by Anonymous · 0⤊ 1⤋
In the UK we are currently creating them for ourselves with high levels of stealth taxation and enormous state spending on regulation and general lawmaking on an industrial scale.
Society is dealing with this by getting into enormous debt and buying crap they don't need with money they don't have - mostly on the understanding that their houses will keep on rising in 'value' at unsustainable levels.
Does that help?
2006-09-11 20:27:14 · answer #6 · answered by LongJohns 7 · 0⤊ 1⤋
Society as a whole does two primary things:
(1) Ignores it during normal times
(2) Complains about it during election years
Welcome to reality...
2006-09-11 20:17:26 · answer #7 · answered by Anonymous · 1⤊ 1⤋
A shot in the dark here....
The Federal Reserve loosens the money supply
or
Congress passes a new tax law.
2006-09-11 20:15:38 · answer #8 · answered by nobody 5 · 0⤊ 1⤋
1) Taxes
2) More Taxes
2006-09-11 20:14:59 · answer #9 · answered by The Global Community 3 · 0⤊ 0⤋
The economic problem?
Perhaps you could be a little more specific.
There are many economic problems.
2006-09-11 20:12:48 · answer #10 · answered by Anonymous · 2⤊ 2⤋