Two important roles of the government in an economy are to safeguard private property and enforce contracts.

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Safeguarding private property and enforcing contracts are two key responsibilities of the government in an economy. Without these functions, individuals and businesses would not be able to fully participate in the marketplace, as there would be no guarantee that their property or agreements would be protected. These functions help promote economic stability and growth by providing individuals and businesses with the assurance they need to engage in economic activities.

Two Important Roles of the Government in an Economy Are