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.
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