Answer: to ensure safety for its citizensto ensure that citizens' needs are metto solve the problem of povertyto ensure that the market is fair
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In a free enterprise system what are the goals of government? Check all that apply.
In a free enterprise system governments address public problems through policy to ensure that citizens' needs are met and protected. Rules ensuring that businesses offer safe products to consumers are part of a nation's
Thu Oct 11 2018 · A free enterprise system is broadly self-regulating. Consequently the government performs a short but significant role allowing individuals to make most of the economic judgments . Precisely the government has two purposes rule maker and umpire.
Keynes said government was the key to solving economic issues while Smith believed government should take a hands-off approach. A government might enact expansionary spending when it is trying to increase aggregate demand for goods
Regulation is the placing of limits or restrictions on business activity by the government . What is one downside to competition in a free-enterprise system? Consumers must be knowledgeable.
Consumers and producers make their own decisions. Citizens can accumulate wealth. The government sets prices and wages. The following statements describe a free enterprise system: Citizens can own property Supply and demand drives production Consumers and producers make their own decisions Citizens can accumulate wealth .
The Free Enterpri...
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