To what extent should the government intervene in the economy?
Government Intervention in the Economy Quiz
How much should the government be involved in our economy? This quiz explores various perspectives on topics such as infrastructure spending, taxation, and public investments.
Test your understanding of the role of government in shaping economic policies and society by answering the following questions:
- Investing in private businesses
- Environmental taxes
- Public spending on art and culture
- Deficit spending and more!
Should the government invest in private Canadian businesses?
Yes, because investing in strategic Canadian business provides jobs and enhances Canada's status on the world stage.
No, private business should operate independently from government. Tax payer funds should not be invested in privately owned businesses, no matter the strategic importance, like Bombardier.
Should the government be implementing taxes to reduce our carbon footprint?
Yes, protecting the environment is important for the sustainability and well being of not only Canada but the world.
No, implementing taxes on natural resources will drive costs and prices up, making Canadian products non-competitive in world markets.
Is investing in artwork around the city a good use of the tax payer's money?
Yes, art is essential in making a city more attractive and desirable to live in, bringing in more revenue that can benefit it.
No, spending hundreds of thousands of dollars on art work instead of using the money to benefit the tax payers that are funding it is wrong.
Should the government be spending millions of dollars in infrastructure to stimulate the economy?
Yes, the infrastructure in Canada is currently in disrepair and these changes are needed.
No, we need to be frugal in these times, and this will not stimulate the economy fast enough to be beneficial.
Should the federal government use deficit spending to promote the economy?
Yes, government spending is essential to stimulate the economy.
No, the government should never spend what they don't have, or else we are leaving this debt for the future generations of Canada.
Do you agree with the government's decision to restore the Vimy Ridge monument in France?
Yes, its important to preserve historic Canadian monuments no matter where they are located.
No, we should use the funds for monuments that are accessible to all Canadians, or use the money elsewhere.
Do you agree with the NDP's decision to increase income taxes for Albertans?
Yes, due to the decrease in oil and gas revenue, the increase in taxes is necessary to maintain important social programs.
No, the government should decrease spending instead of increasing taxes.
Should the Canadian government use monetary policies to keep the Canadian dollar value low relative to the US dollar
Yes, keeping the dollar low will bring in more tourists wanting to spend their money in Canada, because they're getting more "bang for their buck"
No, it makes importing of foreign products more expensive.
Should Canada be investing in the immigration and well-being of Syrian refugees when there are homeless Canadian citizens with no compensation?
Yes, it is our humanitarian duty to help war torn citizens in any way we can.
No, we should be using our resources to help our over 200,000 homeless people in Canada to be contributing members of society.
Do you agree with the federal government's decision to allow free entry to National Parks to everyone for Canada's 150th anniversary of confederation?
Yes, everyone should be able to enjoy the beauty of the National Parks in Canada. Doing so will bring in more tourists, who in turn, spend money to stimulate the economy.
No, tourists will come and spend the money regardless of free passes, so it is impractical.The potential increase of volume in the park could cause distress to the natural environment, and dissolving a fee for a service that people would pay for anyways can cause Canada to lose revenue and possibly be stuck with paying millions in repair for damaged parks.
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