Theories Storyboard

Theories Storyboard

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  • Hello Adam, do you mind if I come in to talk about government intervention? 
  • Hey John, yes please come in. Follow me.
  • I believe government intervention is a good thing.
  • So what's your stance on government intervention?
  • May I know what your stance is?
  • Yes, of course. I believe the government shouldn't intervene.
  • Interesting. The way I see it is that if the government intervenes and taxes are lowered then demand will be stimulated. This will help the economy prevent any slumps.
  • I would agree that the government has a role but I'd argue that it's more with education and defense. I believe that the government should be limited and hands off. This would allow for an open market and more freedom. 
  • Thank your for taking the time to talk to me.
  • Any time my friend.
  • After listening to that interesting conversation I would say that Adam was right. I believe it would be better if the government has "hands off" of the economy because of the freedom it allows for.
  • Adam's theory is supported by both economists Thomas Malthus and David Ricardo. While John's is supported by both economists Paul Samuelson and Paul Krugman.
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