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What is a primary economic goal of governments?

1) reducing income inequality
2) maximizing individual freedoms
3) advancing technological innovation
4) protecting natural resources

User Jmelesky
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1 Answer

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Final answer:

Governments primarily aim to achieve stable prices, full employment, and economic growth, while also pursuing a range of other objectives to maintain sound economic health.

Step-by-step explanation:

A primary economic goal of governments is to maintain a strong economy by achieving three broad economic goals: stable prices, full employment, and economic growth. Governments pursue various objectives to ensure the welfare of their populations in the economic realm, which include maintaining low or stable interest rates, aiming for a balanced budget or a reduced deficit, and pursuing a positive trade balance. While the specific choice among goals like reducing income inequality, maximizing individual freedoms, advancing technological innovation, and protecting natural resources may vary based on societal values and the type of economic system, the overarching goals of economic health are consistent across most governments.

User Valeria
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