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RCMultiple Choice

Cumulative Exam — Cumulative exam

Question 1 • GA-Government-CR

The government’s involvement in economy serves what two purposes?

Answer
A
to protect the public and control prices
B
to control the prices and protect private enterprise
C
protect private enterprise and control inventory
D
to protect the public and preserve private enterprise

Explanation

Government involvement in the economy has two broad purposes: protecting the public and preserving private enterprise. This balances safeguards for people with the ability of businesses to operate privately. Choice D, “to protect the public and preserve private enterprise,” states both purposes.

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