Asked by jerson
explain the role of government in a free enterprise system?
Answers
Answered by
bobpursley
If it is actually "free enterprise", the government does nothing, the "invisible" hand does it all.
However, in practice, few totally free enterprise systems exist, so the government acts as the regulatory hand to prevent evil deeds based in greed, selfishness, and sin. There is always an argument over the necessity and extent of this.
However, in practice, few totally free enterprise systems exist, so the government acts as the regulatory hand to prevent evil deeds based in greed, selfishness, and sin. There is always an argument over the necessity and extent of this.
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