the role of government
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It provides a social security that enables citizens to create their own economic security. The future of government builds on these foundations of protecting and providing. ... Government will continue to provide public goods, at a level necessary to ensure a globally competitive economy and a well-functioning society.
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Most economic arguments for government intervention are based on the idea that the marketplace cannot provide public goods or handle externalities. Public health and welfare programs, education, roads, research and development, national and domestic security, and a clean environment all have been labeled public goods.
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