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A functionalist views the cyclical nature of the economy as natural and believes what should be allowed to take place in theory?

User Nardo
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Final answer:

The functionalist perspective believes that the cyclical nature of the economy is natural and should be allowed to fluctuate through different stages. This helps maintain order in society by ensuring the distribution of goods and services.

Step-by-step explanation:

The functionalist perspective would assume that the continued health of the economy is vital to the health of the nation, as it ensures the distribution of goods and services. The functionalist view is that the cyclical nature of the economy is natural, and they believe that market forces should be allowed to fluctuate in a cycle through stages of surplus, inflation, and recession. They argue that this natural cycle allows for a balance in the economy and helps to maintain order in society.

User Wojtek Erbetowski
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Final answer:

The functionalist perspective in economics views the cyclical nature of the economy as natural and believes that market forces should be allowed to fluctuate in a cycle through stages of surplus, inflation, and recession.

Step-by-step explanation:

The functionalist perspective in economics views the cyclical nature of the economy as natural and believes that market forces should be allowed to fluctuate in a cycle through stages of surplus, inflation, and recession. This perspective argues that government intervention and attempts to control the natural cycle can be counterproductive. For example, it suggests that adjusting interest rates to encourage more lending and spending can help control the risk of an economic depression, but letting the natural cycle fluctuate is not a gamble most governments are willing to take.

User Patrick Kenny
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