Why the government is involved in the economic activities
The role of the public sector in the economic activities
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9 replies
victoria128756
about 4 years ago
Economists, however, identify six major functions of governments in market economies. Governments provide the legal and social framework, maintain competition, provide public goods and services, redistribute income, correct for externalities, and stabilize the economy.
bruno-cano-3
about 4 years ago
State and government participation in the economy is fundamental. The tasks or functions of the State in the economy are at least: redistribution of income, stabilization of the economy, allocation of resources, promotion of growth, and economic regulation.
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