WHAT IS ECONOMY AND GOVERNMENT
Answers
Answered by
0
Explanation:
The government (1) provides the legal and social framework within which the economy operates, (2) maintains competition in the marketplace, (3) provides public goods and services, (4) redistributes income, (5) cor- rects for externalities, and (6) takes certain actions to stabilize the economy.
Answered by
1
Answer:
economy
the state of a country or region in terms of the production and consumption of goods and services and the supply of money.
Government
the group of people with the authority to govern a country or state; a particular ministry in office.
Similar questions