Although Sometimes a Seeming Adversary of Business and Industry When

question 104

Multiple Choice

Although sometimes a seeming adversary of business and industry when acting in a regulatory role, and often disliked by the private sector for its taxes and regulations, government is nonetheless essential to the functioning of a market economy because:

• A) when it works, government provides the law and order, predictability, and accountability that market economies need to survive and thrive.
• B) only government can create a labor force.
• C) governments are best able to give businesses access to capital that they need.
• D) only the public sector can finance all the infrastructure and facilities that private sector organizations need.

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Definitions:

Provincial Premier

The head of government in a province or state within a federal system, similar to a governor.

Media Consumption

The process by which individuals select, engage with, and are affected by various forms of media, including television, internet, and print.

Challenging Physical

Engaging in activities or behaviors that test the body's physical limits or capabilities.

Societal Organization

Societal organization pertains to how a society structures itself, including its institutions, social hierarchies, and roles that govern how individuals interact within the society.