> Role of Government in Capitalist Domestic Economy:
-PROVIDE COLLECTIVE GOOD
Something provided by enough people or states but once it is available, all benefit, regardless of individual contributions
Examples: Schools, roads, national defense
-Punish Free Riders (actors who benefit from, but do not help provide, collective good)
legal system & enforcement.
-PROVIDE COLLECTIVE GOOD
Something provided by enough people or states but once it is available, all benefit, regardless of individual contributions
Examples: Schools, roads, national defense
-Punish Free Riders (actors who benefit from, but do not help provide, collective good)
legal system & enforcement.