1. Economics and Government Regulations
Therefore, the government has to protect these firms when they face difficulty. ... A system is stable and productive if it is complex and not centrally directed. Therefore, economists don't like big firms because they make the economy more centrally directed, and unstable. ... Hence, the government still had to enact policies to protect those banks. ... Additionally, keeping the big firms alive creates a quite unfair competition in the business environment and a centrally directed economy. ...
- Word Count: 2282
- Approx Pages: 9