Question
Why does the U.S. government collect taxes as part of the market economy?
Responses
to purchase companies in other nations
to purchase companies in other nations
to provide public goods and services
to provide public goods and services
to keep people from making too much money
to keep people from making too much money
to encourage the growth of monopolies
Responses
to purchase companies in other nations
to purchase companies in other nations
to provide public goods and services
to provide public goods and services
to keep people from making too much money
to keep people from making too much money
to encourage the growth of monopolies
Answers
GPT-4o mini
The correct response is:
**to provide public goods and services.**
The U.S. government collects taxes to fund various public goods and services that benefit society, such as infrastructure, education, defense, healthcare, and social services. These are essential for the functioning of the economy and improving the quality of life for citizens.
**to provide public goods and services.**
The U.S. government collects taxes to fund various public goods and services that benefit society, such as infrastructure, education, defense, healthcare, and social services. These are essential for the functioning of the economy and improving the quality of life for citizens.