explain how government impacts on business

Q: Which of the following is the type of government where most power belongs to states or provinces and…

A: The legal and social framework, the maintenance of competition, the provision of public goods and…

Q: Explain the concept of market failure and its implications for both governments and businesse

A: Market Failure(MF) is the inefficient distribution of services and goods in the free market. The…

Q: How the hope of profits and the threat of losses work together as incentives toward efficiency.

A: Efficiency is the ability to reduce the wastage of materials, resources, efforts, time, and energy…

Q: From Adam Smith's Wealth of Nation , What are the three key roles that government should fill in…

A: The father of economics, Adam Smith published his famous book "An Enquiry into the Nature and Causes…

Q: Suggest a relevant government policy in barbados that would yield the efficient outcome and…

A: The International money (IMF) could be a non-profit organisation that works to market international…

Q: What are the four roles of government? Give an example of each role.

A: The of government has multi dimensional roles which can be summarized as taking action in interest…

Q: How has control over water been used as a tool of oppression? How have people resisted this…

A: Water can be stored in a large tank and through a hydraulic pump, it can be controlled easily,…

Q: How can the government accelerate the economic performance of its leading businesses or industries?

A: Economic growth models are designed to show how growth in capital stock, increase in the labour…

Q: Is market failure either necessary or sufficient for government intervention

A: Market failure refers to a situation when the allocation of goods or services by the forces of free…

Q: What is the role of government in an economy. Explain in detail.

A: The institution that a society uses to create and implement its public policies is referred to as…

Q: Explain what is the benefit of a free government.

A: Government refers to the framework or body of individuals, educate, and forms that are capable for…

Q: Which is a more serious problem between market failure and government failure?

A: Government intervention to resolve market failures, and to manage the macroeconomy, can fail to…

Q: Assuming you the leader in your local government, how can you empower your constitute to be actively…

A: Employment in the local area can be increased by new projects or investments. When a project starts…

Q: Illustrate graph (s) that show about the Private Cost in education with explanation.

A: Private cost: It refers to the cost that is being paid by the person to get goods and services in…

Q: What are core ideas behind less government/free market governance?

A: The free market is a supply-and-demand business mechanism with little to no government interference.…

Q: privatization

A: Privatization often improves the efficiency of the firms. The main reason behind this is when the…

Q: What is the government's role public schools for k-12

A: k-12public schools regulations are curriculum based.Government has to manage the curriculum of…

Q: Why could an economy function without government help? Use 3 evidence

A: Beyond contract regulation and the provision of public goods, government intervention is any action…

Q: The government should: A. Protect Property Rights and Provide infrastructure B. Ensure Competition…

A: In a market, government can intervene due to various reasons as it's primary aim to enter the market…

Q: explain market based structure and explain your reason.Provide an example that will explain…

A: Quantity of labour can be influenced by two factors which are number of workers and other factor is…

Q: Should some of the civic responsibilities identified today be legally required to be performed?

A: Civic Responsibility refers to the responsibility that means active participation in the public life…

Q: What is the major aim of political parties in the United States?

A: The political parties are the group of the individuals which is determined by the presence of the…

Q: In a market system, provide an example for when government can enhance or harm any of the processes…

A: In a nutshell, an economy must distribute its resources and pick between several possible bundles of…

Q: What are the two reasons why the government sometimes failed in their programs

A: The Government fails in many times in their programs due to the following reasons Imperfect…

Q: Identifying Use a graphic organizer similar to the one below to identify how the federal government…

A: Competition harbors innovation, quality improvement, and cost reduction in the business world.…

Q: Analyse the role of market failure as a justification for government intervention.

A: Market failure is a situation when the free market fails to optimally allocate resources. In order…

Q: o you think secularization is good or bad? Why?

A: Secularization, taken in its broadest sense, implies the expansion in the common, the fleeting, or…

Q:  Should the Government be more or less involved in the economy

A: Modern day economy is hybrid in nature  throughout the world where private sector and government…

Q: The Affordable care act passed by the Obama Administration initially required all US taxpayers to…

A: The Affordable Care Act (ACA) is the program that was passed in 2010. Initially, it required all the…

Q: A disaster affecting a few neighborhoods recently occurred. Describe what a well- organized and…

A: The disasters are the event which badly affects the life-style of the citizen, it has a disruptive…

Q: Why are some people drawn to government while other people don't want to have anything to do with…

A: The actions by the government authorities to either expand or tighten the economy is the “fiscal…