2006-12-17 13:34:34 · 8 answers · asked by Anonymous in Social Science ➔ Economics
1970's price controls on gasoline
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2006-12-17 13:56:45 · answer #1 · answered by Zak 5 · 0⤊ 0⤋
Check out some countrys that are in debt and why. A good one you can look at is Jamaica. They were under other governments control for many years then it pulled out and left them to scurry around to pick up the pieces. They have debt that has such a high interest that they struggle every day to get out. Not only that but the world trade is taking advantage of them as well. To be involved they have to buy imports and sell them at prices almost 3 times what they can get for their own countrys products. It is so upsetting to see this go on.
2006-12-17 13:42:01 · answer #2 · answered by dont want stalkers 3 · 0⤊ 0⤋
The unsustainable benefit and contribution structure of our nation's social security system is an example of a poorly designed govermental correction of a market failure.
2006-12-18 09:56:37 · answer #3 · answered by stacieoh 1 · 0⤊ 1⤋
The Great Depression.
2006-12-17 13:42:05 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Reagonomics
2006-12-17 13:41:54 · answer #5 · answered by ? 7 · 0⤊ 1⤋
Well how about entering into free trade agreements that encourage companies to leave your country and fire thousands of tax paying workers. Now you have more people on the dole, and less taxes to pay for it.
2006-12-17 15:37:45 · answer #6 · answered by last_defender 3 · 1⤊ 1⤋
The deficit
2006-12-17 13:52:16 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Getting into more debt and not doing anything to get out or alleviate the situation.
2006-12-17 13:36:05 · answer #8 · answered by Isabela 5 · 0⤊ 1⤋