Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

which of the following roles does the government play in a free enterpr…

Question

which of the following roles does the government play in a free enterprise system? select all that apply. protect the consumer encourage private investment increase government ownership of industry limit government spending

Explanation:

Brief Explanations

In a free - enterprise system, the government's role is to protect consumers (e.g., through regulations on product safety) and encourage private investment (e.g., by providing a stable legal and economic environment). Increasing government ownership of industry is more in line with a socialist or mixed - economy approach rather than a free - enterprise system. Limiting government spending is more of a fiscal policy goal that is not directly a core role of the government in a free - enterprise system in terms of its interaction with the private sector.

Answer:

protect the consumer, encourage private investment