Economic interventionism

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Economic interventionism is a term used to describe any activity, beyond the basic regulation of fraud, undertaken by a central government in an effort to affect a country's economy. Economic invervention is frequently aimed at coping with increasing economic growth, fostering employment, promoting equality, raising wages, raising or reducing prices, and, in general, coping with market failures, but it is also used by by social conservatives in many parts of the world in an attempt to confront free market effects that they see as opposed to their traditions, social order, or state authority.

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