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The role of the public sector in the economy of nations of the world is based on the incessant failure of the self equilibrating, self-adjustment, self stabilizing and selfregulating properties of the market. Although, classical basic tents which states that ¿supply creates its own demand¿, hence supply of a good that is not demand cannot arise. However massive failures in the market economic and economic imbalances in the 1920s and 1930¿s have led to the interventionist role of government in economic sustenance. This have led to the origination and development of another school of economic…mehr

Produktbeschreibung
The role of the public sector in the economy of nations of the world is based on the incessant failure of the self equilibrating, self-adjustment, self stabilizing and selfregulating properties of the market. Although, classical basic tents which states that ¿supply creates its own demand¿, hence supply of a good that is not demand cannot arise. However massive failures in the market economic and economic imbalances in the 1920s and 1930¿s have led to the interventionist role of government in economic sustenance. This have led to the origination and development of another school of economic philosophy referred to as the Keynesian School of thought with empirical evidence to show that public sector interventionist role in an economy to achieve major economic stability.
Autorenporträt
David Okoruwa Ehizuelen est un Nigérian, auteur de plus de 10 ans d'expérience en tant que professionnel de la finance accompli avec des publications internationales à son actif. Actuellement, il est candidat au doctorat en économie après avoir obtenu un M.Sc. en économie, un MBA en finance, un PGD en économie appliquée et un B.Sc. en finance et banque. Il est membre de nombreux organismes.