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Describe The Roles Of Government In The Present Business Environment
Beginning of paper
In the present business environment governments have the power to change
and make laws, having a major role and influence on the business environment.
There are three levels of government; federal, state and local.
The federal government has power over such areas as; company law, income
tax, trade etc. State government has power over po .... Middle of paper
.... of the government to change its
levels of income and expenditure, through the annual budget. By budgeting for a
deficit or surplus, the government will contract or expand the economy. e.g If
the government needed to cut unemployment they would budget for a deficit so
more money is injected and less money is taken from the economy by less taxes
and higher expenditure raising employment.
Monetary policy can also raise the level of economic acti ....
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Number of words: 407
Number of pages: 2 (approx. 250 words per double-spaced page)
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