geidyalvarez70
Answered

At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Our Q&A platform offers a seamless experience for finding reliable answers from experts in various disciplines. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

What are two functions of government in a
free market economy?

Sagot :

lemonadeandsugarnade

Answer:

A government is an institution through which leaders exercise power to make and enforce laws.

Explanation: A government's basic functions are providing leadership, maintaining order, providing public services, providing national security, providing economic security, and providing economic assistance.
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
Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We hope this was helpful. Please come back whenever you need more information or answers to your queries. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.