In order to create more wealth and provide better services, some nations recognize that .
A)raising taxes benefits all businesses
B)a good strategy is to minimize interference with the free exchange of goods and services
C) restricting trade with other countries always helps domestic businesses
D)taking control of privately owned businesses and making them government -run will decrease taxes and improve the lives of everyone

Question

Quizplus · Accepted Answer

Minimizing interference with the free exchange of goods and services (i.e. promoting free trade) is generally recognized as a good strategy for creating more wealth and providing better services. It allows for more competition, which can lead to lower prices and increased innovation. Raising taxes can have mixed effects on businesses, while restricting trade with other countries can limit access to valuable resources and markets. Government-run businesses may not always be efficient and may not have the same incentives to innovate and improve as privately owned businesses.

In Order to Create More Wealth and Provide Better Services