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A supervisory body, a source of public good, and a body responsible for reallocating income are examples of _____.

roles of an entrepreneur

things a government is not responsible for

things an entrepreneur is responsible for

roles of government

1 Answer

3 votes

Answer:

roles of government

Step-by-step explanation:

The government uses part of the taxes it collects to provide public goods such as goods as education, healthcare, and infrastructure. In mixed economies such as the US, the government's main role in the economy is to ensure fair competition among suppliers and protect consumers' and workers' rights.

The government has established several bodies and mandated them to carry out the regulatory functions. Different agencies regulate different trade sectors such as communication, drugs and medicines, weights and measures, employees' safety and health, etc.

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