Government places controls on the personal financial environment by the use of:

Question

Quizplus · Accepted Answer

The government places controls on the personal financial environment through taxation and regulation. Taxation refers to the levying of taxes by the government on income, goods, and services. Regulation involves the use of laws and rules to set standards and requirements for financial activities in order to protect consumers and maintain stability in the economy. Together, these two tools are used by the government to control the personal financial environment.

Government Places Controls on the Personal Financial Environment by the Use