Government can play a major positive role in the early stage of economic development by:

Question

Quizplus · Accepted Answer

Providing an adequate infrastructure is essential to allow businesses to operate and develop in a new market. This can include transportation, communication, energy, and water systems. Without this infrastructure, businesses may struggle to get their products to market or operate efficiently, hindering economic development. Price controls, subsidies, and marketing boards can have negative effects on the market and may not always be effective in promoting economic growth.

Government Can Play a Major Positive Role in the Early