Government role in a market economy Essay Example | Topics and Well Written Essays - 1000 words

Government role in a market economy - Essay Example The need of the hour is to have a proper system in place which shall form the basis of immense success for the sake of the organization and hence the government of the land needs to play its quintessential role nonetheless. Moving ahead with the debate, how the government comes into the equation is an interesting debate. This is because the government is usually held responsible for all the actions and undertakings that are being taken on the national level, and thus the brunt is dropped on its head whenever there are serious issues that come to the surface (Rao, 1998). How the government copes with the pressure that is exerted upon it is something that must be understood within the related settings. Proper arrangements should be made to guarantee that these are followed by the organizations within the country, and that success comes about in full circle within the related aegis. The government must give subsidies, lower the taxes and provide relief in different forms – all of which should embody the basis of attaining harmony within a free market economy. ... hat the negativities with regards to the free market structures are taken care of, and if there still exist any further problems, the same are handled in an amicable way. This will resolve the ambiguities that exist within the related fore as well as take care of the free market economic realms in the long run. The government makes sure that the ant-trust laws are reinforced and thus the promulgation of the same would mean success for the sake of the organization in the long run. It would also mean that the government plays its significant part within the protecting of property rights for the free market economic domains and realizes its due role within making the market a freely accessible one. This highlights the proactive role of the government and how it would delve deep into building trust and credibility within its related regimes. The government provides a stable fiscal and monetary environment which shall bring a lot of respect for the government in the long range but what it will really do is to encourage the stakeholders to give in their best time and time again. The political stability is preserved if the government realizes its role towards building the free market scenarios which are indeed something that can go down well within the organizational and indeed the industrial concerns. The role of the free market economic stakeholders is directly dependent on how the government shapes up its own self. If the government realizes its responsibility towards building the economic undertakings, then this would that it is playing its part in a very proactive fashion. However, when this does not happen, there are bound to be serious irregularities. What is most important is to know that such measures would mean failure of the economic undertakings that exist within