Martin was studying the role of government in the market economy. He knows that supply and demand define how the market works, but the government also participates in the economy in many ways. What is one responsibility of government in a market economy?

(1 point)
Responses

Protect private property and preserve our security

Protect private property and preserve our security

Provide everyone a food stipend

Provide everyone a food stipend

Distribute medicine needs to those who are sick

Distribute medicine needs to those who are sick

Encourage economic recessions

1 answer

One responsibility of government in a market economy is to protect private property and preserve our security. This role is essential as it establishes a legal framework that allows individuals and businesses to operate freely and securely within the market.