Which of the following statements best describes the role of the government in a capitalist economy?
A) It monitors the competition to ensure compliance to regulations.
B) It imposes restriction on the right to free choice.
C) It strives to keep tax rates high.
D) It operates key enterprises that directly affect public welfare.

Question

Quizplus · Accepted Answer

In a capitalist economy, the government typically plays a role in regulating and monitoring competition to ensure fair practices and compliance with laws, rather than directly operating key enterprises or imposing high taxes.

Which of the Following Statements Best Describes the Role of the Government