How Governments Can Support Economic Growth

Now that we have discussed several types of economies that vary in the degree of government involvement, it's time to get a closer look at a government's role in economic growth. It is possible for governments to both promote and hinder economic growth, so let's start by looking at six ways in which a government can support economic growth.

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[artemis]

Helped me a lot for my economics test . Thanks Dave.

[Greg-]

The most basic economic truth is this: employees/workers are the most valuable commodity.

[RadoHudran]

I'm enjoying this series a lot, binged it all this afternoon. I wonder how many videos are yet to come and when I should come back to finish watching this playlist?

[SnappyWasHere]

I’m not sure the goal of all governments is economic growth. Maybe growth for a few but not for most seems to be the most common theme through history.

[shubhamrawat]

Can you also explain common hindrances that governments face when trying to do these 6 things. Like, for infrastructure, acquiring land can be hard sometimes so that slows infrastructure development by a lot. A clash between private property rights and infrastructure development. Can you also give a similar counterpart of this, but for the welfare programs? Like what problems does a welfare program face?

[syedafaryal]

You're such an amazing teacher. The best thing about your videos is that you don't use any difficult term that you do not explain within the video. And even the explanation is so easy. Thankyou so much for your time and effort. Thankyou so much for making this channel. May Allah reward you for it. ❤️

[Whoami]

Thanks for all the time you put into your vids Dave! They are helping a lot of people!

[SlayerP]

Dave, I implore you dive into other schools of economics. Keynesian is the predominant school today, but others have their merits and the shortcomings of our modern economy is unfairly judged as "capitalism" failing when in reality it's a multifaceted issue.

[ohitsbaby]

I learnt something new. Good stuff dave

[nuriko]

Well that's a big change... I immediately noticed that little new something in this video. The animations make the video very dynamic and even more enjoyable (not to say that they weren't). Nice Job, can't wait to see how it looks like on physics/chemistry or other topics in general.

[vindex]

Honestly, with such a shortage of trade work in the us I’m surprised the government hasn’t subsidized trade school to get people interested in the fields. Instead, popular focus is still in STEM fields despite an over-saturation which is leading to underemployment and reduced wages for those in those fields.

[mylesricker]

Dave, you have made me a better informed adult and I’m so thankful. I promise I’ll support you when I can

[pogpogger]

I'm not even subbed to you but I'm here before the first 1k views what

[oltlvfm]

a lean, efficient government should manage resources wisely, allowing the economy to thrive independently. By limiting the government's ability to overspend and inflate the currency, we can ensure more financial stability and prosperity for citizens.

[PlaylistWatching]

Seems like for *Intellectual Property*, property isn't exactly the right metaphor.

[DarkZerol]

I just started playing Democracy 4 on Steam and now I'm watching this.

Thanks, Professor! 😁

[babarazamsucks]

Here after the other video of how they harm economic growth.

[rainsfall]

Hey Dave can you make another video about suspicious observers I've been digging on his channel and it's just full of people that have no idea how he really is

[antonsmith]

The private sector creates jobs, not the government!

[ejaymorato]

good afternoon sir I want to learn calculus, what topic do I study first?can you help me🥺