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Tax revenue dip - PowerPoint PPT Presentation

The Role of Government in a Market Economy

The Role of Government in a Market Economy. 1. Provide a legal system. Make and enforce laws and to protect private property rights. 2. Maintain competition. Regulate monopolies. 3. Redistribute income. Tax those with larger incomes and help those in need. Transfer payments.

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Tax revenue dip - PowerPoint PPT Presentation

The Role of Government in a Market Economy