Respuesta :
Answer:
The government (1) provides the legal and social framework within which the economy operates, (2) maintains competition in the marketplace, (3) provides public goods and services, (4) redistributes income, (5) cor- rects for externalities, and (6) takes certain actions to stabilize the economy.
Explanation:
The authorities (1) give the prison and social framework inside which the economic system operates, (2) keep opposition withinside the marketplace, (3) give public items and services, (4) redistribute income, (5) correct for externalities, and (6) takes sure movements to stabilize the economic system.
Who can explain the role of government in the economy?
In a capitalist economic system, the role of government could be very limited. The most important capabilities of the presidency, as given with the aid of using Adam Smith, are to preserve regulation and order in a country, make national protection stronger, and modify the cash supply.
According to Smith, the marketplace system administers numerous financial capabilities.
Hence, These are the roles played by the government in the economy.
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