+1-817-968-5551
+61-488-839-671
+44-7480-542904About Expert
Key Topics
Requirement
Essay on Decision Makers of the Society
Solution
Decision Makers of the Society
The government is the decision makers of society. Society is affected by their decisions. Government handles various rules and regulations in the society. The government is accountable for the protection of society and provides equal rights. Governments can be autocratic and democratic. Government plays a major role in societies. The Government involves in many functions such as they are responsible for defense, provides public goods and services, Tax policy, and regulates market monopolies, promoting competition and so many functions. The society should follow the rules and regulation of government. The society gets affected by government
ules.
The government establishes rules and regulation on international trade (Sen, 2005). The international trade consists of both advantages and disadvantages.
If you are a student and in need of essay assignment help, then you can contact the experts of Allassignmenthelp.com directly and place your order. We have talented experts on our website who can provide the students with quality assignment help. Whether you need essay writing help or essay help online, we can assist you with all kinds of essay writing.
Advantages
It helps in maximum utilization of natural resources. It increases the sources such as availability of goods, when the country is not able to make goods due to high manufacturing cost then the country are allowed to buy from another country. It increases the scale of production in which the country produces goods not only for the own country but another country also.
Disadvantages
If the developing countries or the underdeveloped countries involves in the international trade, then it is the possibility that it may not fare well on its economy. Moreover, it might impact the peace of the country.
Tax policy is regulated by the government in which the monetary amount is charged on the income.
Advantages
Tax policy provides the overall development of the country. The tax incentives lead to encouraging the work, and it creates so many jobs within the country.
Disadvantages
At some extent, the level of taxation is good for the government operations, but high tax policy can have a negative impact. High tax policy discourages to the investors who want to invest in the business (Lisi, 2015). It directly effects on the economy of the country.
When we talk about the government functions such as the governments promoting the competition. The competition provides many disadvantages to the societies. The competition leads to many firms in the market that decreases the economic scale. After all, competition is the backbone of developed countries. Competition allows the better quality of social life, increases the choices of customer, and increases the level of productivity.
The government regulates the natural monopolies in which the monopoly market takes over the supply and high price. The monopoly market is profit maximizing but it could create some societal problems. When the demand is high rather than supply, this condition shows that it generates the monopoly market which leads to charging higher prices to the customers. The society faces many problems from monopoly market such as availability of limited resources with a higher price, reduction in the innovation and also the reduction in the efficiency.
Conclusion
The rules and regulation are regulated by government in which society faces many problems and get benefits also. It states that the decision maker of the society is government where society gets affected by the government. The government establishes many rules and regulations where some has advantages with some disadvantages. The important four areas are promoting competition, regulating natural Monopolies, tax policy, and, international trade.
International trade helps make the maximum utilization of natural resources. Tax policy provides the overall development of the country. At some extent, the level of taxation is good for the government operations, but high tax policy can have a negative impact. The competition with many firms in the market leads to decrease in the economy of scale. After all, competition is the backbone of developed countries. After all competition is the backbone of developed countries. Competition gives the better quality, increases the choices of customer, and increases the level of productivity.
Place Order For A Top Grade Assignment Now
We have some amazing discount offers running for the students
Place Your OrderReferences
-
Sen, S. (2005). International Trade Theory and Policy: What is Left of the Free Trade Paradigm?. Development And Change, 36(6), 1011-1029. http://dx.doi.org/10.1111/j.0012-155x.2005.00447.x
-
Lisi, G. (2015). Tax morale, tax compliance and the optimal tax policy. Economic Analysis And Policy, 45, 27-32. http://dx.doi.org/10.1016/j.eap.2014.12.004
-
Hernon, P. (1991). Government information policy principles. Government Information Quarterly, 8(4), 393-399. http://dx.doi.org/10.1016/0740-624x(91)90007-u
Give your grades a boost
Just share your requirements and get customized solutions on time.
-
1,168,768 Orders
-
4.9/5 Overall Rating
-
5,052 Experts
Our Experts
