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skad [1K]
3 years ago
14

1. What role does government play in capitalism?

History
1 answer:
likoan [24]3 years ago
3 0

In a capitalist economy, the role of government is extremely very restricted. The main functions of government, as given By Adam Smith, are to continue to keep going law and order in a country. Making national defense stronger, and regulate the money supply. According to Smith, the market system administers numerous economic functions.    

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