How Does
The United States Government...
1.) Promote and secure competition in a market economy?
2.) Protect private property rights in a market economy?
Policy #1. Government must define with precision what constitutes ownership of property.
- Why do you own this land?
Policy #2. There must be few restrictions on the use of property.
-You can't do something crazy on the property.
Policy #3. Government must encourage widespread ownership.
-There shouldn't be a bunch of underutilized land going to waste.
Policy #4. Government, through civil and criminal law, must protect property owners against harm to property by fellow citizens or by foreign nations.
- You break it, you pay for it.
Policy #5. Government must protect property owners against harm to property by government itself.
-The city isn't allowed to come and disrupt your property to enhance the property of the City.
Following these policies help to protect the property rights.
3.) Promote equity in a market economy?
4.) Provide public goods and services in a market economy?
5.) Resolve externalities and other market failures in a market economy?
6.) Stabilize and promote growth in a market economy
7.) Use regulations and deregulation policies to affect consumers and producers in a market economy?
Works Cited
"The Economic Principles of America's Founders: Property Rights, Free Markets, and Sound Money." The Heritage Foundation. Web. 04 Feb. 2016.