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  • 22-05-2021
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Which of the following best describes the role of the government in capitalism?

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beefyslimjim
beefyslimjim beefyslimjim
  • 22-05-2021
Answer: In a capitalist economy the role of government is very limited The main functions of government as given by Adam Smith are to maintain law and order in a country make national defense stronger and regulate money supply According to Smith the market system administers various economic functions.
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