Chapter 2: Markets and government in a modern economy. what is market and what is the invisible hand how market solve the basic economic problems the economic role of government Different terms trade, Money and Capital. Learning Objectives.
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Since markets are not perfect, governments intervene and often play a major role in the economy.
Some of the goals of government are to:
Firms and Households and An entrepreneur