Ask Question
BusinessBusiness
20 January, 23:05

Why does the government provide public goods and services, redistribute income, protect property rights, and resolve market failures in market economic systems?

+2
Answers (1)
  1. 21 January, 01:25
    0
    Public Goods and Services are goods and services that cannot be easily restricted to those that pay for them. Income redistribution is distribution wealth and income to over half the nations income in wages. Property rights are legal ownership rights to protect property from the government. Market failures are private police or military that imperfect information in the market.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Why does the government provide public goods and services, redistribute income, protect property rights, and resolve market failures in ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The disparity between book income and taxable income is attributable to a temporary difference, which will reverse in 2017.
Answers (1)
What are long-term decisions that set the direction for the entire organization called? a. Tactical b. Operational c. Directional d. Distant e. Strategic
Answers (1)
Renee contracts with scott to pay him $25,000 for his work on renee's new album "hip pop." after scott performs, they sign an accord, in which renee promises to pay him $21,000 within thirty days instead of $25,000 later. but she does not pay.
Answers (2)
The idea that many media products are digital files of ones and zeros sold in physical containers, is known as:
Answers (1)
Inverse of f (x) = 4x-6
Answers (1)
New Questions in Business
A person with a FICO score of 780 applies for a loan and gets an interest rate of 5% with a monthly payment of $439. A second person, with a FICO score of 550 applies for the same loan and gets a rate of 22% with a monthly payment of $511.
Answers (1)
Wendy has been in business for four years, all of which have been profitable. She thinks she can successfully sell part of her company. The most important benefit Wendy will gain by a stock offering is
Answers (1)
Adams Moving and Storage, a family-owned corporation, declared a property dividend of 1,000 shares of GE common stock that Adams had purchased in February for $37,000 as an investment.
Answers (2)
In what way are capitalism and mixed economies similar
Answers (1)
The overall cycle time in the buying process has been reduced due to:
Answers (1)
Home » Business » Why does the government provide public goods and services, redistribute income, protect property rights, and resolve market failures in market economic systems?
Sign Up Forgot Password?