Question

In: Economics

What responsibilities do you believe people have as citizens in our global economy?

What responsibilities do you believe people have as citizens in our global economy?

Solutions

Expert Solution

Responsibilities that an individual possess towards the country is -

  1. Love your country.
  2. Make sure by voting in a good and honest government.
  3. Obey the rule of laws.
  4. Respect your leaders who are good and honest.
  5. Always be vigilant against bad and corrupted leaders and citizens.
  6. Believe in good family value.
  7. Contribute good works for the country and society.

In a technical way , one should -

  • Promote small market capitalism
  • Promote the prevention of power accumulation, e.g. government agencies, business monopolies, long term politicians, etc.
  • Promote maximum personal freedom
  • Promote the moving of regulations down to the smallest possible entity, e.g. personal instead of city, city instead of state, and state instead of federal
  • Promote maximum competition between governing bodies, so that citizens can shine the light of truth on corruption and on the implementation of bad ideas

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