HELP PLEASE!!!!!!!!!!!!!!!!
1. Which economic thinkers had the greatest effect on the development of the United States? Explain.
2. How do laws and regulations help promote competition?

Respuesta :

Answer:

There are many economic thinkers who shaped the economy of the United States and some of them are mentioned below.

Explanation:

Friedman has supported the free market economy and is recognized as the leading figure behind the School of Economics in Chicago. He was a popular alternative to central banking and Keynesian economics. Other prominent figures who are worth mentioning: Lawrence Robert Klein, Elinor Ostrom, Robert Lucas Jr., etc.

One of the legislators' aims is to pass laws enforced by the judiciary to guarantee a competitive environment among businesses and to encourage fair market practices. these laws prevent the monopoly of big corporations so that a competitive market is not hindered by unfair methods.

Answer:

The first answer is Adam Smith, his ideas were used by the founding fathers and are still being used now