Role of Government in the Economy
What is the Role of Government?
The government helps the economy work smoothly and improves the quality of life of people.
Main Roles of Government
1. Providing Public Services
Builds roads, bridges, and railways.
Provides education and healthcare.
Maintains law and order.
2. Protecting Consumers and Workers
Ensures products are safe.
Protects workers' rights.
Sets minimum wage and safety rules.
3. Collecting Taxes
Collects money from people and businesses.
Uses tax revenue to provide public services.
4. Creating Jobs and Economic Growth
Supports businesses.
Invests in infrastructure projects.
Encourages new industries.
5. Protecting the Environment
Controls pollution.
Promotes renewable energy.
Protects forests and wildlife.
25 Views