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4) Use newspapers, books, or the internet to research and give specific examples of each of
the government's four functions that have not been previously mentioned in the text.
Functions of Government Examples

provides public goods a.

redistributes income b.

regulates economic activity c.

promotes economic stability d.


Sagot :

The functions of government and their examples are to provide public goods, redistribute income, regulate economic activity and promote economic stability.

Functions of government

There are various functions of the government and they are providing leadership, maintaining order, providing public services, national security and others.

By providing public service, the government should provide national defense, which the markets are unwilling to provide.

By redistributing income, the government should give back to us safety nets, services and public goods which we pay in form of taxes.

By regulating economic activity, the government should provide subsidy which is a government payment that supports a business or a market.

By promoting economic stability, the government should fix the unemployment rate, by reducing it to the barest minimum.

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