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 function involves using taxes and spending to create fair opportunities for all individuals in the market economy.