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Economic Theories and Policies: A Learning Guide

Enhance English skills with a video on economic theories shaping public policy and society.

Level 6 ⭐⭐⭐⭐⭐⭐

Tell if the statements below are TRUE or FALSE according to the information from the video:


Example:

Economic collapse protects us against government intervention and market regulation. (FALSE) ❌


Governments correct market failures and promote the general welfare of the people.

The video is about the idea of the invisible hand, when free markets regulate themselves using supply and demand.

Economics is the study of the forms of regulation and state-intervention on competition.

Economics is the science that has a set of theories on topics like commerce, labor, and the global economy.