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lilavasa [31]
3 years ago
9

In markets both parties are better off when they engage in voluntary, non-fraudulent exchange. What is the role of government in

promoting such exchange? A) There is no role for the government; the government only impedes exchange. B) The governments role is to create legislation to prevent fraud.
C) The role of government is to make sure all individuals are treated equally.
D) The governments role is to make sure sellers make a profit and stay in business.
Social Studies
2 answers:
zhannawk [14.2K]3 years ago
4 0

The answer is: B) The Government's role is to create legislation to prevent fraud

It benefits both parties when they engage in a voluntary and non fraudulent exchange, that way both parties know what they're offering and receiving, following all the guidelines to prevent fraud.

However as is the case in many of these exchanges, not all of these parties follow the extent of the law and commit fraud to ease their operation or gain a large benefit in doing so, this is when the government has to step in and do what's in its power to prevent fraud, this results in legislation being passed to prevent such acts.

77julia77 [94]3 years ago
4 0

Answer:  B) The governments role is to create legislation to prevent fraud.

Explanation:  In order for both parties to be better off, the exchange has to be honest; meaning each person knows what they are getting. In this sense , the governments role is to create legislation to prevent fraud. While the government cannot prevent all fraud, by making it illegal, it reduces fraud and thus promotes more voluntary exchanges.

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1. How did people communicate in ancient and mediaeval time explain with examples ?
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I am assuming that you are asking about human communication. One of the things that distinguishes humans from animals is speech. Probably the most ancient means of communication was speech. Hand gestures, body language, and facial expressions are also a means of communication. Dance and music were also very ancient means of communication.

Messengers with verbal messages, signal fires, totems, banners, cave art, etc. were ancient means of communication that predate history.

Proto alphabets and pictographs were used as early as 60,000 years ago. Such script was found on egg shells dating back that far and found in southwestern Africa.

Genuine writing began as early as 5,000 years BC with the Vinca script (although this is disputed). It is undisputed that cuneiform script was in use in what is now Iraq about 3,000 BC. This early writing was typically impressed on clay tablets and allowed to dry. Small tablets could be transported between distant locations. Some script was also present on pottery. Rudimentary codes were used for distant communication with signal fires. Drums could be heard at great distances and were also used to communicate. Once paper was invented, things really took off, literally. Messenger pigeons were used as early as 1150 in Baghdad and also later by Genghis Khan. This ancient means of aerial communication was still in wide use in World War I.

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Even ancient communication could be relatively fast.

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