<4.1 THE ROLE OF GOVERNMENT>

--🤔THINK AHEAD🤔--

Your local town has been given £5 million by the government. The council can either:

Build a new sports centre,
Fix old roads and public transport,
Or improve local schools.

--@LOCAL LEVEL--

--🤔THINK AHEAD🤔--

“The government has a limited budget for the whole country. It can either:

Spend more on hospitals and healthcare,
Increase funding for the army and defence,
Or invest in renewable energy to prepare for the future.

--@NATIONAL LEVEL--

--🤔THINK AHEAD🤔--

“World leaders meet at a global summit. They have to decide how to use international funds. They could:

Give emergency aid to countries hit by natural disasters,
Work together to reduce global carbon emissions,
Or boost international trade to help poorer nations grow.

--@INTERNATIONAL LEVEL--

--TASK--

Write three paragraphs each illustrating real examples of how your government has made atleast TWO economic decisions at each level. Finally, make some comments about the reasons for these interventions? What are they trying to achieve? Are they justified? How do they fund them? Do you agree with the all?

Example starter...

PARA # 1: "I am from the UK, and two examples of when the British government have made decisions at a local level was when...."

Government Roles in a Mixed Economy

Nearly every economy in the world is a mixed economy & has varying degrees of government intervention
Governments intervention is necessary for several reasons & occurs on three distinct levels
- Local intervention
- National (macroeconomic) intervention
- International intervention

The Role of Government In A Mixed Economy

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