Question

what is the role of gouvernement in Indian economy​

Answer 1

Answer:

the Governments provide the parameters for everyday behavior for citizens, protect them from outside interference, and often provide for their well-being and happiness. The Federal Reserve. In the last few centuries, some economists and thinkers have advocated government control over some aspects of the economy.

Explanation:

Answer 2

Answer:

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Allocation Function

The government provides certain public goods and services which the private sector fails to provide because there exists no market for them. Example: National Defence, Public Parks and National Highways etc. The reason of government providing such goods is the nature of public goods.

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