What are three economic roles of government? Explain by giving examples of the three.

Just answer the question.

From the professor, “One of the purposes I use discussion topics is to encourage everyone to horn your critical writing skills in a form of essay. This practice will help you on the essay portion of the exams.

When responding, do NOT give me a shopping list. I want you to write out your thought process in paragraphs. Also, do NOT copy from the internet and then paste here. This is no, no, no. I will not repeat this after this week’s discussion.

One of the major reasons why I am asking this question in managerial economics is that many business students come to believe that government should not have any role in the capitalist business world such as our economic system in the States. This type of thinking can be detrimental in your career when formulating a sound business policy at the corporate level.”

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