HELP ASAP
Describe the government's role in creating the
foundation for a market economy.

Answers

Answer 1

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:

Answer 2

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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Related Questions

Which physical modification allowed the Mountains and Basins region access to water?
O Canals
o Irrigation System
O Wells
O Dams

Answers

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:

Hope this helps!

2. What was Henry Stimson’s objection to Churchill’s suggestion? *

Answers

He rejected the suggestion of dividing Germany into several smaller states and arresting and executing anyone accused of guerrilla crimes, without the right to a trial.

Describe the role of each of these men the Constitutional Convention George Washington

Answers

Yeah what they said

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."

hope that helps :)

Which of the following is false…? *

The President is Commander in Chief

The President Enforces laws

The President is head of the Executive Branch

The President can declare war

Answers

The president cannot declare war, that's false. He can bomb whatever country he wants with Congress' permission. But he does NOT have the power to declare war

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.

Answers

Answer:

the number of private banks sharply decreased

100 POINTS PLEASE HELP ASAP I WILL GIVE BRAINLIEST
In what type of economic system is the price at which goods are sold determined by a central planning committee?

command economy
democracies
traditional economy
market economy

Answers

Answer:

Command Economy

Explanation:

The central government sets the prices at which products are sold. You many see this is dictatorship nations, like ancient Sparta and the USSR.

Answer:

Command Economy

Explanation:

What caused inflation to occur in many states?

Answers

Answer:

Explanation:

Inflation could occur if prices rise up due to increases in production costs. That could include wages and raw materials.

A increase in demand for products and services could also cause inflation as consumers are willing to pay alot for the product.

Hope this helped!

Match each word or term with its correct definition
collective bargaining
the formal end of something, such as
slavery
abolition
negotiation between workers and
employers
strike
political or social change
suffrage
the night to vote
reform
when the members of a union stop
work as a way to pressure for change

Answers

Answer: collective bargaining- negotiation between workers and employers

Strike- when the members of a union stop work as a way to pressure for change

Abolition- the formal end of something, such as slavery

Suffrage- the right to vote

Reform- political or social change

Explanation: I got it correct

Answer:

Explanation: got a 100

Describe a personal or professional obstacle Bradbury faced:

Answers

This is an opinion so I’m pretty sure you can choose whatever. As long as it falls under that category. Correct me if I’m wrong

One personal obstacle that Ray Bradbury, the acclaimed American author, faced was self-doubt and a fear of rejection. Throughout his professional career, Bradbury encountered moments of uncertainty and struggled with confidence in his own abilities as a writer.

Early in his career, Bradbury faced numerous rejections for his short stories. This led to self-doubt and moments of discouragement, making him question whether he had what it took to succeed as a writer. However, he persevered and continued to write, honing his craft and developing his unique style. Another obstacle Bradbury faced was the pressure to conform to popular trends and genres.

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