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Discuss any two indirect roles of government. - Economic Applications

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Question

Discuss any two indirect roles of government.

Short Answer
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Solution

  1. An excessive or insufficient amount of money in the market is detrimental to the nation's economic success. The government must create a balanced monetary policy that meets the needs of the economy.
  2. The government attempts to alleviate income and wealth disparities by implementing proper budgetary policies.
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Chapter 2: Basic Economic Entities in an Economy - QUESTION BANK [Page 30]

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J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 2 Basic Economic Entities in an Economy
QUESTION BANK | Q 15. | Page 30
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