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They use taxes to provide public goods and services.
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Related Questions
In the US what role does the government play in the economic system?
the government enforces economic laws and regulations
What role does the government play in a free enterprise?
It passes economic laws and regulations
What role does the government play in free enterprise?
It passes economic laws and regulations
What role does the government play in a free enterprise system?
It passes economic laws and regulations
Which role does the government play in free enterprise system?
it passes economic laws and regulations
Which role does a government play in a free enterprise system?
it passes economic laws and regulations
Idea that government should play as small a role as possible ing economic affairs?
Laissez Faire
Centralized economic system?
In centralized economic system everything in the economy is controlled by the government. In this type of economies market does not have any role to play. Production and consumption of goods are controlled by the government.
Am economic idea that states government should play a very limited role in business is know as?
Laissez-faire
What is the role of government in a leissez faire economic system?
Role of the government is to take taxes.
What role does the federal Department of Treasury play in the Australian economy?
The Department of Treasury formulates and advises the government in economic policy.
What role do you think the government should play in the economy?
No role the government should play.
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