which form of government helps in economic growth and development? why?
Answers
Answer:
The role of government
The role of governmentThe differences in rates of growth are often attributed to two factors: government and entrepreneurship. The two are not mutually exclusive. In the early stages of sustained growth, government has often provided the incentives for entrepreneurship to take hold. In some economies the development of transportation, power, and other utilities has been carried out by the government. In others the government has offered financial inducements and subsidies. The land given U.S. railroad developers in the second half of the 19th century is a notable example of the latter. Another important role governments have played in the early stages is to help establish the sort of capital and money markets in which lenders could have confidence. Without financial intermediaries acting as brokers between lenders and business borrowers, it is difficult to envisage economic growth taking place on a sustained and rapid basis.
Answer:
The rules of government
this will enable the contry to achieve the path of economic development .Hence, efficient utilisation of domestic reasouses is the main role of the government .... the government of the state plays an important role in maintaining peace law and order within the economy through effective administrative system
Explanation:
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