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The Government’s Role Video Lecture | Social Studies (SST) Class 8

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FAQs on The Government’s Role Video Lecture - Social Studies (SST) Class 8

1. What is the role of the government in regulating the economy?
Ans. The government plays a crucial role in regulating the economy by implementing policies that influence factors such as inflation, unemployment, and economic growth. It uses tools like fiscal and monetary policies to achieve stability and promote growth.
2. How does the government promote social welfare through its role?
Ans. The government promotes social welfare by providing services such as healthcare, education, and social security. It also implements programs to address poverty, inequality, and other social issues to improve the well-being of its citizens.
3. In what ways does the government ensure consumer protection?
Ans. The government ensures consumer protection by enforcing laws and regulations that safeguard consumers from fraudulent practices, unsafe products, and unfair business practices. Agencies like the FTC and FDA play a key role in monitoring and regulating industries to protect consumers.
4. What is the government's role in environmental protection?
Ans. The government plays a vital role in environmental protection by creating and enforcing laws and regulations to preserve natural resources, reduce pollution, and mitigate climate change. Agencies like the EPA work to safeguard the environment for current and future generations.
5. How does the government promote economic development through its role?
Ans. The government promotes economic development by investing in infrastructure, providing incentives for businesses, and creating policies that support innovation and entrepreneurship. It also works to attract foreign investment and create a favorable business environment to stimulate economic growth.
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