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What will be the importance of …

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What will be the importance of government in a country.

Posted by Sri Bhava Pragalyaa 4 years, 5 months ago

CBSE > Class 08 > Other Subjects

2 answers

Rama Ellaboina 4 years, 5 months ago

What

Meghna Thapar 4 years, 5 months ago

Governments provide the parameters for everyday behavior for citizens, protect them from outside interference, and often provide for their well-being and happiness. In the last few centuries, some economists and thinkers have advocated government control over some aspects of the economy. Governments provide the legal and social framework, maintain the competition, provide public goods and services, national defence, income and social welfare, correct for externalities, and stabilize the economy. All other ideas such as freedom, rights, laws, order, and any other matter concerning how the government is run is all aimed to conceive its main objective which is the well-being of society. Laws are made to keep order. Rights are made to conserve freedom.

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