Government has as one of it's primary goals, a continual increase in the potential output of the economy. Supply-side policies are often used in a variety of ways to increase the quantity of the factors of production and/or improve the quality of the factors of production. We refer to these policies as either market-based or interventionist.
Your assignment is to explain and analyze each of these approaches. To begin, explain what market-based and interventionist policy refers to (what does each mean?).
Secondly, choose one measure from each category and explain how it can work. If it works as planned, how does it work and what should it do for the economy? If it doesn't work as planned, what are the downsides to it's implementation?
As always, provide two pictures with your post that help to explain the ideas you expressed.
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