When the government provides a legal framework,
A)Private market transactions suffer and government market transactions suffer.
B)Private market transactions suffer and government market transactions benefit.
C)Private market transactions benefit and government market transactions benefit.
D)None of the choices are correct.

Question

Quizplus · Accepted Answer

When the government provides a legal framework, it establishes rules and regulations that ensure fair and efficient private market transactions. This benefits both private and government market transactions as it creates a level playing field for competition and protects the interests of all parties involved. Additionally, a legal framework can also help to promote stability and predictability in markets, which can benefit all players involved.

When the Government Provides a Legal Framework