Roles of Government
Which role of government is anything owned by the government and made available to all citizens?
Public Goods and Services
What are government regulations?
They set the standard for what businesses can and can not do.
Local government spending is for who?
City or District
ARE THE ROLES OF GOVERNMENT BENEFICIAL?
YES
Obama Care is an example of which role of government?
Redistribution of Income
Which role of government refers to individual businesses having the right to own things? So if someone takes your property the law will step in.
Protect Private Property Rights
What do government regulations do for insurers to provide?
Provide certain interventions.
State government spending is for who?
The state they live in.
A system to govern a state or community.
Constructing highway 85 South is an example of which role of government?
Public Goods and Services
Which role of government refers to programs designed to reduce the gap between the rich and poor?
Redistribution of Income
What do government regulations sets standards for who?
Doctors and drug trails.
Federal government spending is for who?
What is a monopoly?
A business that controls the majority of production in a specific area.
Making sure monopolies are not the standard is an example of which role of government?
Resolve Market Failures
Which role of government refers to creating stability for markets?
Resolving Market Failures
Because of government relations what can the government prohibit?
Goods or activities.
How does the government get money for government spending?
Taxes
A program that provides food stamps to specific families.
Someone's laptop is stolen and they are given the value of the laptop back is an example of which role of government?
Protect Private Property Rights
When the government takes action in times of tragedy in the economy this is know as?
The Role of Government
Regulations and mandates appeal to who?
What kind of tax does the government enforce to bring in money for the government?
Income tax, property tax, exports, imports, car tax
What is the role of government when it comes to citizens?
To make sure citizens have what they need to function in society.
Redistribution of income, Protect Private Property Rights, Public Goods and Services, and Resolving Market Failures are known as whay>
Roles of Government