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In the 19th century, the government had little concern about the economy of the country. The government only ensured that its people had sufficient food and basic necessities (Zeckhauser and Leebaert 84). However, current governments are concerned with the improvement of the economy. The government takes the responsibility of funding projects that will benefit the citizens an also generate income to the nation. Unlike the olden governments, the current government also invests in other nations so that the country has a larger income. The government facilitates international trade that has an economic benefit for the nation. The changes have come as a result of the economic competition between countries and the desire for development.
The government protects the rights of all people regardless of their race or gender. Current governments are focused on gender and race equalities and hence the laws that are developed and enforced have a lot of respect for gender and race equality. This has come up as a result of modernization and evolvement of cultures. The government plays a vital role in enforcing rights and freedoms of its citizens. The governments of the 19th century favored the natives, but the situation has long changed due to the pressures for equality.
The modern governments are very helpful in preparation for disasters and offer a lot of help when natural disasters hit (Zeckhauser and Leebaert 171). The current governments have implemented programs and set up departments that deal with natural disasters. Through such departments, the government is able to help its people during disasters. The situation was different during the 19 century since technology levels were low, and the government roles were not well defined. Programs such as the FEMA have been developed specifically to ply for the needs of the citizens during disasters.
The government has made an improvement in its role in the medical and education sectors. In the past, the role
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This has been based on the realization by the national government that the states have been insufficiently preparing the students, with vulnerable and marginalized students being particularly bearing the brunt. The preparations are being cited as lacking the necessary skills to respond to careers in this century.
Common people have the fundamental right to live in such surroundings that offer them clean air, purified water, and good residence. Governments should take measures so that people are entertained with these basic.
Before proceeding further with the discussion on the salient points of the topic, it won’t be out of place in first briefly focusing on airline deregulation. Airline Deregulation By using the term “airline deregulation”, reference is being made to the government giving up its control on some avenues of the airline sector, and the same authority getting transferred to various airline corporations.
Laissez-faire doctrine was generally accepted by all the political leaders of that time and the role of the government was limited to the maintenance of law and order in economic affairs. The concept of regulatory authorities was introduced much later and the government’s involvement was kept at a minimum during the early years of independence.
Self-interest applies to the needs of both seller and buyer in a free market. This means that the buyer has the right and desire to purchase preferable goods or services at the lowest or affordable prices. The sellers have the freedom to make profits by setting their own positive prices on the goods and services they prefer to sell.
Government is the legal body that helps in maintaining law and order within the Country. In this stand, it further develops new strategies, which assist in development of various aspects of the economic development framework. The paper intends to provide a descriptive study showing the relationship between the government and the fast food chain industry.
In this quarter the level of GDP declined as a result of the decline in customer spending by 1%, this decline was as a result of the high levels of unemployment in the economy. (Alan Rapperport (2009))
The current recession is considered the longest since 1947 and due to increased government spending the budget deficits this year is expected to reach $1,600 billion.
Since economics is thought of being the bridge between scarce resources and unlimited human wants, a holistic definition of economic growth would be to increase the efficiency of an economy. This happens as a corollary of growth where an economy will grow over time to the next higher level in terms of production of goods and services, employment, foreign trade and other macroeconomic factors.
Some of the levels of government include the central government, local government, state government and the federal government. The government can take various forms and this includes constitutional monarchy which is a government with a King whose power is strictly