HELP ASAP
Describe the government's role in creating the
foundation for a market economy.
Answer:
Economists, however, identify six major functions of governments in market economies. Governments provide the legal and social framework, maintain competition, provide public goods and services, redistribute income, correct for externalities, and stabilize the economy.
The government creates and maintains a market economy by: establishing law and order. ... setting market standards. providing public goods
Explanation:
Governments frequently fund the military, address environmental issues, define and safeguard property rights, and work to increase competition in the market.
What do you mean by the market economy?In a market economy, the majority of the resources are owned by people rather than the government.
This pertains to labour, capital, and land. In a market economy, people regulate the use and cost of these resources through freely chosen actions in the market.
When the advantages of a government programme outweigh the disadvantages, there is an economic function for government to perform in a market economy.
Governments maintain competition, offer public goods and services, redistribute income, account for externalities, and stabilize the economy in addition to providing the legal and social framework.
Therefore, the Governments frequently fund the military, address environmental issues, define and safeguard property rights, and work to increase competition in the market.
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Which physical modification allowed the Mountains and Basins region access to water?
O Canals
o Irrigation System
O Wells
O Dams
Answer:
The Mountains and Basins region covers more than 41,000 square miles and is the ... Visit some of the region's tourist attractions, including the El Paso Zoo, the ... Press shift question mark to access a list of keyboard shortcuts ... The park offers 133 RV sites with full electric, water and sewer connections.
Explanation:
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Describe the role of each of these men the Constitutional Convention George Washington
Answer:
George Washington was the president of the Constitutional Convention. "James Madison addressed the convention numerous times. When he was not speaking, he took notes. Sitting near the front of the room so that he could hear everything that was said, Madison wrote down nearly every word. All together, his notes covered more than 600 printed pages. From this remarkable record, we know what went on inside the convention day by day."
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How did banking change in Europe from the 1700s to the 1800s?
A.) The number of private banks increased.
B.) The number of private banks decreased.
C.) The number of government banks sharply increased.
D.) The number of government banks sharply decreased.
Answer:
the number of private banks sharply decreased
2. What was Henry Stimson’s objection to Churchill’s suggestion? *