The U.S.government is an asset to the U.S.economy when it
A) effectively serves its role as the agent that defines and protects private property rights.
B) taxes one group of individuals and redistributes that taxed income to another group.
C) permits special groups to secure legislative protection from foreign competition in the ?industries which they own, manage or work within.
D) does all of the above.

Question

Quizplus · Accepted Answer

The government plays a crucial role in defining and protecting private property rights, which is essential for a market economy to function effectively. A strong legal system that enforces contracts and protects property rights enables individuals to invest, innovate, and create wealth. The other options (B and C) involve government intervention in the economy, which may distort market outcomes and harm economic efficiency.

The USGovernment Is an Asset to the U