please ionly right answers

label Economics
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

  1. Analyze the role of government in protecting consumers and enforcing contracts and identify a government agency that provides this protection.
  2. Describe 3 ways in which local and state governments generate revenue and 3 uses of that revenue for public services.
Mar 24th, 2015

1).

The government is responsible for creating marketplaces that are fair, effective and competitive for producers and the traders. It is responsible for the safety of food products through labeling and advertising. It is also responsible for matters like conditions of sale and business practices.

2).

Government receives revenue from intergovernmental transfers. It also gets the revenue from taxes. There are also charges, sales and gross taxes and individual income taxes.

 Uses of revenue for public services

The use of revenue towards the public will involve public finance management. It is used in organizing public charities and private foundations. The revenue is used to generate state run and state owned enterprises.



Mar 24th, 2015

Thank you.

Mar 24th, 2015

HEY. I need more questions to help you. Thank you.

Mar 28th, 2015

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Mar 24th, 2015
...
Mar 24th, 2015
Oct 23rd, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer