Most of the money we're investing as part of this plan will get out the door immediately and go
directly to job-creation, generating or saving three to four million new jobs. And the vast
majority of these jobs will be created in the private sector-because, as these CEOs well know,
business, not government, is the engine of growth in this country. But even as this plan puts
Americans back to work today, it will also make those critical investments in alternative energy
and safer roads, better health care and modern schools that will lay the foundation for long-term
growth and prosperity. And it will invest in broadband and emerging technologies ... because
that is how America will retain and regain its competitive edge in the 21st century.
Read the quotation above, an excerpt from a speech by a U.S. public official. The statement most directly reflects which of the following economic principles and
contradicts which other? (5 points)
O Adam Smith's free enterprise, Karl Marx's social equity
O Adam Smith's minimal but progressive taxation, John Maynard Keynes's government responsibility
John Maynard Keynes's government responsibility, Adam Smith's free enterprise
Karl Marx's social city, John Keynes's government responsibility

Respuesta :

Answer:

John Maynard Keynes's government responsibility

The public official is recognizing the importance of government intervention in some sectors of the economy, particularly, infraestructure and education. This is consistent with Keynes's ideas.

Adam Smith's free enterprise

The public official in his speech is saying that economic growth is driven by firms in the private sector, not by the government. This is consistent with Adam Smith's free enterprise ideology.

The statement most directly reflects the following economic principles and  contradicts which other are :

C.John Maynard Keynes's government responsibility, Adam Smith's free enterprise .

  • The statement most directly reflects the following economic principles and  contradicts which other are John Maynard Keynes's government responsibility, Adam Smith's free enterprise .

                               1. John Maynard Keynes

Its staff recognizes the importance of government intervention in several sectors of the economy, especially infrastructure and education. This is in line with Keynes's ideas.  

                        2. Adam Smith's Free Entrepreneurship

The Officials said in a speech that economic growth is being driven by private companies, not the government. This is in line with Adam Smith's freelance ideology.

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