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21 July, 09:48

In a free market society, what are some things the government has to do because the market won't?

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  1. 21 July, 12:15
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    Intervene to protect the nature and the environment: government has to play an active role in preserving the nature from the industrial activities.

    Protection of consumers and customers from malicious business activities.

    Establishing a proper legal framework for the enterprises to operate under a healthy competition.

    Establishing required antitrust laws to prevent unjust monopolies from taking over industries.

    To enact labour laws and necessary regulations to regulate the labour market.
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