Question

Which of the following systems believes that the role of the government is only to promote competition and provide public goods?

Answer 1

Answer:

capitalism

Explanation:

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Answer 2

Answer:    Capitalism

Explanation:  The capitalist system is based on private property and complete freedom in the choice of a type of business. Everyone has the guaranteed right to participate in the free market with his supply of goods and services, where the government should provide an environment and conditions in which everyone has equal rights. In this way, the government provides competitiveness, and in addition it also provides public goods within its public services and competencies. All other decisions on the amount of capital invested, the means of production, resources, are made by individuals or companies that own capital, and participate in the market in accordance with the law of the market itself.