Which role does the government play in the economies of the United States and Canada?
(1 point)
Responses
The government controls all imports and exports.
The government controls all imports and exports.
The government has to approve all new businesses.
The government has to approve all new businesses.
The government provides public services and sets rules.
The government provides public services and sets rules.
The government makes all economic decisions o
1 answer
The correct response is:
The government provides public services and sets rules.
In both the United States and Canada, the government plays an important role in the economy by regulating markets, providing public goods and services, and establishing laws that promote fair competition and protect consumers. However, they do not control all imports and exports, nor do they approve all new businesses or make all economic decisions.
