The United States Government's Influence On The Economy

Ways that the government can affect the economy
The U.S. government used to have a laissez faire policy with everything that had to do with the economy. Today the government is an important factor in the economy and helps keep the economy stable. There are many ways that the government watches over the economy; it passes laws that affect how business is done, protects workers and helps keep the middle class heathy, makes sure bussiness do not mislead consumers, and banned dangerous substances from being made in the U.S. There are many ways that the government othe United States affects the economy.
The government regulates and controls different parts of the economy for a variety of reasons. The most important reason it to keep the economy

The government has the power to raise or lower the minimum wage. This will instantly cause a change in the economy because it will raise or lower the value of the dollar based on if it is raised or lowered. Another way that the government can influence the economy is by buying and selling government bonds. If the stock market is failing then the government buys up bonds and increases their value. Then when the economy is on the rise and does not need the assistance of the government the bonds are sold. This is effective because it has an instantaneous effect on the economy.The government also uses its control of short term interest rates to keep the economy

controlling the economy is in the 1890’s. At that time there were several large corporations that controlled many parts of american society. The government eventually dismantled these companies. Now when to large companies merge together they have to get permission from the government first. The government then looks over the two companies and decides whether or not they create a monopoly if they were to merge. If they would then the government will deny the merge. THis is because the government does not want any one company to control an entire market again. Another example of the government controlling the economy by regulating a business happened in 1918. At that time many companies used false advertising to convince consumers to buy their products. The American government passed a law that banned false advertising which caused a short catastrophe as all of the businesses that relied on false advertising.
In 1881 the United States of America legalized unions. This was a large change in the America because it gave power to the workers that had previously at the mercy of larger corporations. In the next fifty years Unions grew in power and began to slowly get shorter work days and higher minimum wages. The unions had a massive effect on the economy because the workers became middle class workers and stimulated the