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Function of Government in the Survival of Private Market

 Role of Government in the Survival of Private Marketplace Essay

The Role of Government

Without the part of government, I really do not think the exclusive market could control the negative externalities that come by production of goods and providers, the prices of goods and solutions to keep the nation continuing to move forward, the charge of pollution to our environment, vehicles and security of our nation under control very safe. I understand which the private industry would perform a good job in figuring out the needs and wants in the buyers and sellers, yet eventually I think that avarice of electric power and money would control and the care of our prevalent resources might end up to become first come first serve as well as the air we all cherish can be last for the agenda due to greed of power and wealth. We " all” need government in our lives to an degree to move ahead in the future so that there is buy, without our natural resources being depleted and to stop a revolution by happening. Exactly why government must always have some kind of a role inside the management from the private market is because each of our country needs stability and growth for the future. If the government was not about or was very limited about creating or imposing income taxes, regulations and subsidies upon producers of goods and solutions, along with the customers of all services and goods, there could too many adverse externalities that might come from suppliers and buyers. Our public goods that we all treasure would be at risk, our common resources could become an event that would cause tragedy, and any kind of positive externalities offered to the general public would fade unless you were wealthy or tied to some kind of powerful group or family. As for some examples of unfavorable externalities that would come from makers and consumers without the function of government, each of our common solutions (as in the air we breathe) would become so contaminated which in control would trigger more health problems, raise the cost of health care, and destroy the majority of our natural resources (forest,...

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