Chapter 12 Role of Government by dfhdhdhdhjr

VIEWS: 16 PAGES: 15

									    CHAPTER 12



     Role of Government
     SECTION 1: Growth of Government
     SECTION 2: Economic Goals
     SECTION 3: Government and the Public




1
    SECTION 1
    Growth of Government


     Objectives:
      What factors influence the growth of
       government?
      Why have government expenditures
       increased over time?
      How do federal, state, and local
       governments spend their money?

2
    SECTION 1
    Growth of Government
     Factors that influence the growth of
     government:
        population growth
        changing public attitudes
        a rising standard of living
        national emergencies



3
    SECTION 1
    Growth of Government
     Government spending has grown to
     pay for government programs.




4
    SECTION 1
    Growth of Government
    Government spending:
       natural resources—federal      housing and community
       insurance—federal and state     development—local
       corrections—state              interest—federal, state, and
       hospitals and health—local      local
        and state                      public welfare—federal,
       highways—local and state        state, and local
       law enforcement—local          education—federal, state,
                                        and local
       fire protection—local
                                       government administration—
       sewerage—local
                                        federal, state, and local

5
    SECTION 2
    Economic Goals


     Objectives:
      Why does the government regulate businesses?
      How does the government work to provide public
       goods?
      In what ways does the government promote
       individuals’ well-being?
      How does the government work to stabilize the
       economy?

6
    SECTION 2
    Economic Goals
     Reasons government regulates
     businesses:
        preventing abuses
        protecting consumers
        limiting negative externalities
        promoting competition



7
    SECTION 2
    Economic Goals
     Ways the government works to
     provide public goods:
      by sharing funding and distribution of public
       goods among all levels of government
      through privatization




8
    SECTION 2
    Economic Goals
     Ways the government promotes
     individuals’ well-being:
      by improving the standard of living
      by redistributing income




9
     SECTION 2
     Economic Goals
      Ways the government works to
      stabilize the economy:
       by moderating the business cycle
       by responding to market failures




10
     SECTION 3
     Government and the Public


      Objectives:
       How does the government determine the
        public interest?
       What consequences may result from
        government promotion of the public
        interest?
       How can individuals and interest groups
        affect government policies?
11
     SECTION 3
     Government and the Public
      Government determines the public
      interest by identifying the collective
      needs of many people over the wishes
      of an individual or specific group.




12
     SECTION 3
     Government and the Public
      Potential consequences of
      government public-interest policies:
         higher prices
         declines or increases in service levels
         reductions or increases in profit
         decreases in productivity



13
     SECTION 3
     Government and the Public
      Ways to influence government policies
       Individuals:
          by voting in elections
          by becoming informed about issues, policy, and
           candidates
          through political activism
       Interest groups:
          by donating money to political campaigns
          by encouraging groups to vote for a particular candidate
          by hiring lobbyists to express the group’s point of view

14
     CHAPTER 12
     Wrap-Up
      1. What are the key factors that encourage
         government expansion?
      2. What are the main purposes of government
         regulation of businesses?
      3. Why do governments provide public goods?
      4. How does the government promote economic well-
         being?
      5. How does the government work to promote the
         public interest?
      6. What effects can regulation have on prices, service,
         profits, and productivity?
15

								
To top