Citizens can safely conduct their economic activities when government ________.

Question

Quizplus · Accepted Answer

Providing law and order and enforcing property rights is essential for creating a safe and stable environment for economic activities. Without these protections, individuals and businesses would not feel secure in investing in and conducting economic transactions. Option A is not a viable solution since the lack of government regulation can lead to market failures and economic instability. Option B is not a desirable option since government competition with private enterprise can lead to inefficiencies and corruption. Option C suggests that the government should have complete control over resource allocation, which is not conducive to a free market system.

Citizens Can Safely Conduct Their Economic Activities When Government ________