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Government And Economy
When it comes to the economy, governments set economic rules known as regulations, collect taxes, and spend money. But governments can also regulate the economy in more behind-the-scenes ways, like establishing property rights, issuing money, and regulating the stock market.
The U.S. government’s role in the economy can be broken down into two basic sets of functions: it attempts to promote economic stability and growth, and it attempts to regulate and control the economy. But when it comes to government intervention in the economy, it’s easy to find examples of poor policy.
