Economy.docx - Economy is the system by which goods and...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Economy, is the system by which goods and services are consumed. Economy, if not regulated properly can be problematic. In an economic system, a strong central government is needed to make sure that the rich aren’t stealing from the poor, and money is distributed fairly. The economy should be used to benefit everyone, and to prevent big corporations from having too much power. The government should be responsible for providing services that benefit the less fortunate. If necessary, people who have a higher income and upper class people in general should have to pay more taxes to the government to benefit people who need money from the government to live properly. The individual should pay the state if their tax exceeds their credit, but if their credit exceeds their tax, then the government should pay the individual. This will benefit the economy by allowing only people who can pay more taxes to pay them, which creates a regulation. Wealth is going to the people who are already wealthy. The wealthy are not paying
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern