Which of the following is not a reason why government may play a key role in the early stage of economic development in developing nations?
A) the infrastructure provided by government
B) the abundance of entrepreneurs who need to be regulated
C) the need to encourage saving and investment in the economy
D) the provision of law and order so that commerce can ﬂourish

Question

Quizplus · Accepted Answer

While government regulation may be necessary to prevent exploitation and promote fair competition, the abundance of entrepreneurs is not a reason for government to play a key role in economic development. Rather, government may play a key role in providing infrastructure, encouraging saving and investment, and ensuring law and order.

Which of the Following Is Not a Reason Why Government