The Government's Role Flashcards
1
Q
Why does the government want private sector business’ to succeed?
A
The government hopes that private sector business’ succeed so that the people that work in the business pay larger taxes in the future
2
Q
What sector of business does the government run?
A
The government runs public sector businesses. For example, they run hospitals and schools
3
Q
How are public sector businesses funded?
A
Even though public sector businesses are run by the government, they are funded through taxes