What role of government do you think is the most important from an economic perspective and why? Post a brief paragraph responding the discussion prompt above.
What role of government do you think is the most important from an economic perspective and why? Post a brief paragraph responding the discussion prompt above.
Chapter1: Making Economics Decisions
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Problem 1QTC
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What role of government do you think is the most important from an economic perspective and why?
Post a brief paragraph responding the discussion prompt above.
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Introduction
Government plays a very important role in the modern economy and helps in maintaining balance. Public sector has also become as important as the private sector in most economies. Government also regulates the functioning of the private sector to ensure that the private sector does not exploit the public. Government also undertakes expenditure in the economy to promote developmental and non-developmental activities.
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