what was the role of government?
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The Government is responsible for deciding how the country is run and for managing things, day to day. They set taxes, choose what to spend public money on and decide how best to deliver public services, such as: the National Health Service.
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Government as a Distributor of Incomes In addition to promotion and stabilization of the economy, governments also play a role as distributor of economic and social interests in the modern welfare economic system.
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Four Main Functions of Government in a Market Economy: However, according to Samuelson and other modern economists, governments have four main functions in a market economy — to increase efficiency, to provide infrastructure, to promote equity, and to foster macroeconomic stability and growth.
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It is the role of governments to protect their subjects' health and interests as consumers of publicly marketed food. ... Governments have key role in setting policy and providing legislation that lays down minimum food safety or marketing standards that food businesses must meet.
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Government is the organization of a state or locality. Governance is the manner in which government function. Example, the President is the head of government in America, how he governs, executive orders, bills signed into laws, news conferences are his manner of governance. .
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Contrary to what some believe, government plays an important role in a market economy. ... As we saw in our discussion of competitive markets, a free enterprise system is largely self-regulating. Therefore, government plays a limited, but important, role, allowing individuals to make most of the economic decisions.
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The government's role in a mixed economy is that it is the: Regulator charged with preserving competition. Economic goals are important because they: Help people determine if an economic system meets their needs.
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What best describes the role of government in a free enterprise system? Control business activities. Decide what companies will be formed and then allow the managers to run them. Allow individuals to operate their businesses in ways they think will maximize their profits.
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GOVERNMENT, UNITED STATES FEDERAL, IMPACT OF THE GREAT DEPRESSION ON. ... After 1929, the federal government's economic role increased substantially. By 1940 its civilian payroll exceeded one million workers, and federal purchases of goods and services accounted for over 6 percent of the GNP.
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The role of government in transportation is to ensure safe, efficient and convenient transportation. ... When it comes to road transport, the government builds new roads or running public transit systems. The department of transport also funds low level government in improving the means of transport.
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The most important role of the federal government is protecting our citizens from national security threats. This means creating a strong system for defense both at home and abroad. The United States should continue to act as a defender of freedom and a staunch supporter of our allies worldwide.
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A government's basic functions are providing leadership, maintaining order, providing public services, providing national security, providing economic security, and providing economic assistance.
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Governments are responsible for providing services that individuals cannot effectively provide for themselves, such as military defense, fire and police departments, roads, education, social services, and environmental protection. ... If these revenues are not sufficient to fund desired programs, governments borrow money.
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It is made up of three elements: the monarch, the House of Lords, and the House of Commons. The monarch's role is mostly symbolic. Parliament performs four primary duties: passing laws, authorizing taxes and government budgets, scrutinizing and investigating government administration, and debating current issues.
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The national sphere of government is responsible for several functions that affect the country as a whole and/or require uniformity. National government's responsibilities include, among other things, safety and security, foreign affairs, defence and home affairs.
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Role of government in public sector are as follows : 1) Develpoment of infrastructure- Development of infrastructure comprising transprot, power communication, basic industries,etc. is a pre condition of growth. ... Running proper schools providing quality education, particularly elementary education is the duty of govt.
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Direct Role: The government is a social-welfare organisation. It works for the benefits of the common people without making any motive to maximise profit. Hence, the main agenda of the government is welfare maximisation.