What is a government?

An official body elected by a group of adults with the authority to carry out the will of the people

What are some responsibilities of the government?

1.Security of the State This means defending the country against external aggression by producing military, and defense forces

What are some responsibilities of the government 2?

2. Protection and Welfare of the citizens Armed forces maintain law and order Government provides education, healthcare, library, parks.

What are some responsibilities of the government 3 ?

3. Protection of the environment The government must produce laws that ensures that the air, soil and waters are not polluted by any harmful toxic waste

What are some responsibilities of the government 4 ?

4. Job Security and Severance Benefits to workers The government provides job programs for employment through organizations. If the worker quits their job they must receive a sum of money

What are some responsibilities of the government 5 ?

5. Regulations of business activities. Business must confine to a specific area Business must protect the environment Educate customers about the product and the methods they use

What are the laws the government passed to protect the environment?

Beach Control Regulation Clean Air Act Fishing Industry Act Endangered Species Regulation among others

How can the government influence businesses to protect the environment?

Green technology: Business make products from recycled materials Reforestation Proper Disposal of waste Zoning Laws: Factories are instructed to be located away from residential areas

A compulsory money payment to the state by businesses and individuals

What are the purposes of taxation?

To raise money for government work: building roads, schools To make people be discouraged from bad items such as alcohol, cigarettes these have high taxes Stop Inflation: Getting rid of the supply of goods in the economy Make people buy inside

Tax on income and wealth paid by a business of individual: Income Tax Corporate Tax: tax paid on profits earned Capital Tax: tax paid on increase value of assets Capital transfer: tax paid for when a property is transferred from one person to another

Help

Options

focusNode

Didn't know it?
click below

Knew it?
click below

Don't Know

Remaining cards (0)

Know

retry

shuffle

restart

0:00

Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

Normal Size Small Size show me how

Term 2

Role of The Government in the Economy

Question	Answer
What is a government?	An official body elected by a group of adults with the authority to carry out the will of the people
What are some responsibilities of the government?	1.Security of the State This means defending the country against external aggression by producing military, and defense forces
What are some responsibilities of the government 2?	2. Protection and Welfare of the citizens Armed forces maintain law and order Government provides education, healthcare, library, parks.
What are some responsibilities of the government 3 ?	3. Protection of the environment The government must produce laws that ensures that the air, soil and waters are not polluted by any harmful toxic waste
What are some responsibilities of the government 4 ?	4. Job Security and Severance Benefits to workers The government provides job programs for employment through organizations. If the worker quits their job they must receive a sum of money
What are some responsibilities of the government 5 ?	5. Regulations of business activities. Business must confine to a specific area Business must protect the environment Educate customers about the product and the methods they use
What are the laws the government passed to protect the environment?	Beach Control Regulation Clean Air Act Fishing Industry Act Endangered Species Regulation among others
How can the government influence businesses to protect the environment?	Green technology: Business make products from recycled materials Reforestation Proper Disposal of waste Zoning Laws: Factories are instructed to be located away from residential areas
What is Taxation?	A compulsory money payment to the state by businesses and individuals
What are the purposes of taxation?	To raise money for government work: building roads, schools To make people be discouraged from bad items such as alcohol, cigarettes these have high taxes Stop Inflation: Getting rid of the supply of goods in the economy Make people buy inside
What is Direct Tax?	Tax on income and wealth paid by a business of individual: Income Tax Corporate Tax: tax paid on profits earned Capital Tax: tax paid on increase value of assets Capital transfer: tax paid for when a property is transferred from one person to another
What is Indirect Tax?

Created by: user-1953087

"Know" box contains:
Time elapsed:
Retries: