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The function of a government to fairly share the public's resources is known as
  • a)
    Distribution function
  • b)
    Allocation function 
  • c)
    Stabilization
  • d)
    Protection 
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
The function of a government to fairly share the publics resources is ...
Distribution Function of Government

The distribution function of government refers to the role of a government to fairly share the public's resources among its citizens. It is a fundamental responsibility of a government to ensure that its citizens have access to the basic necessities of life such as food, shelter, clothing, and healthcare.

Importance of Distribution Function

The distribution function is important for ensuring social justice and reducing inequality in society. It ensures that the benefits of economic growth are shared by all citizens, not just a privileged few. It also helps to reduce poverty and improve the standard of living of the most vulnerable sections of society.

Methods of Distribution Function

The government can perform the distribution function through various methods such as:

1. Progressive taxation: The government can use a progressive tax system, where those with higher incomes pay a higher percentage of their income in taxes. The revenue generated from taxes can be used to fund social welfare programs that benefit the less fortunate members of society.

2. Subsidies: The government can provide subsidies to support low-income households with basic necessities such as food, housing, and healthcare.

3. Public services: The government can provide free or subsidized public services such as education, healthcare, and transportation to ensure that everyone has access to these services regardless of their income.

4. Social welfare programs: The government can implement social welfare programs such as unemployment benefits, old-age pensions, and disability allowances to support those who are unable to work or earn a livelihood.

Conclusion

In conclusion, the distribution function of government is a crucial role that ensures the equitable distribution of resources among its citizens. It is important for reducing poverty, promoting social justice, and improving the standard of living of the most vulnerable members of society.
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The function of a government to fairly share the publics resources is ...
The probability that a variate takes on a value less than or equal to a number
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The function of a government to fairly share the publics resources is known asa)Distribution functionb)Allocation functionc)Stabilizationd)ProtectionCorrect answer is option 'A'. Can you explain this answer?
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