The role of a government in an economy
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Video Overview

The chief function of government is to establish a sound platform upon which the country’s economy will operate and hopefully develop.  The government or state, also known as the public sector, plays an integral role in the economy, which is known as a mixed economy, because it involves three different sectors of the economy interfacing with one another. They provide a combination of socialist and capitalist ideologies that are regulated by government intervention where necessary. This tutorial will help you understand the role government plays in the economy.

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