There are various reasons why the should government interfere in the market. This is mainly to protect consumers from exploitation by regulating prices in the market.
None She has no actual Authority to influence the decisions of the Australian federal system of government. The only part she plays is a ceremonial one associated with our constitution as titular head of state via the Governor general who is appointed by the Australian parliament. Australians have so far declined to change our constitution because in their wisdom they have seen that a change in the powers of the leadership of Australia will probably not be in their best interest, In other word if it works it don't need fixing
The best thing about being a judge is having the opportunity to uphold justice and make a positive impact on people's lives. Judges play a crucial role in ensuring that laws are applied fairly and impartially, which contributes to a just society.
Brokers in the southern colonies acted as intermediaries for buying and selling goods, particularly agricultural products like tobacco, rice, and indigo. They helped facilitate trade between planters and merchants, often handling the financial aspects of transactions and ensuring a smooth flow of goods in the market. Brokers played a crucial role in the economic development of the southern colonies by providing a link between producers and consumers.
The Nigerian government plays a key role in promoting and regulating businesses by implementing various policies to support entrepreneurship, drive economic growth, and attract investments. Over the years, the government has introduced reforms, established regulatory bodies, and initiated programs to streamline business procedures, ensure compliance with regulations, and create a conducive business environment. Additionally, the government works to enforce laws, protect intellectual property rights, monitor competition, and address issues related to corruption and infrastructure that affect businesses in the country.
Parliament is important because it is the main legislative body that makes laws, represents the voices of the people, holds the government accountable, and approves the budget. It plays a crucial role in shaping and overseeing the workings of the government in a democratic system.
the role of the government in the market structure is to control inflection
No role the government should play.
One essential government role in a market economy is regulation. This allows for competition without monopoly.
People play every role in Japanese government. Without people, there would be no government.
what role do businesses that go to the market play in the circular flow model
It doesn't decide which or how many goods are produced, or it doesn't set prices or tell people where to work. The government doesn't play much of a role at all.
The Sudanese government played Abigail role
Both believed that the best government was the least government and that government should not interfere with the life of the nation.
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.
It doesn't decide which or how many goods are produced, or it doesn't set prices or tell people where to work. The government doesn't play much of a role at all.
Generally, the US government allows for the market to act unimpeded unless it causes serious social losses. For example, the government intervenes and regulates in cases of lack of competition, imperfect information, dangerous production or distribution, and externalities.
role of market and government in economy