In a market economy, the government uses taxes and spending to create incentives—such as access to quality education or additional services—to give everyone the opportunity for success. This is an example of what government function?

(1 point)
Responses

Promoting equity

Promoting equity

Managing economy

Managing economy

Regulating markets

Regulating markets

Protecting property

Protecting property

1 answer

The correct response is Promoting equity. This involves the government's role in using taxes and spending to create opportunities and resources for all individuals, aiming to ensure a fair chance for success in society.