Government
Government is a system of social control under which the right to make laws, and the right to enforce them, is given to a particular group in society. Government power can be held by one individual, a few, or a majority.
Government come in different forms. The basic law determining the form of government is called the constitution and may be written, as in the United States, or largely unwritten, as in Great Britain.
In the present world governments have many jobs including:
• Providing for the security of their country.
• Keeping order.
• Establishing a system of justice so that people are treated fairly.
• Providing welfare services to those in need.
• Regulating the economy.
• Establishing educational systems.
Role of government
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In late 18th century, the “invisible hand doctrine” was introduced on order to reduce the role of government. This means, an economic principle, first postulated by Adam Smith, holding that the greatest benefit to a society is brought about by individuals acting freely in a competitive marketplace in the pursuit of their own self-interest.
In 19th century, the voice against the government heightened so that role of government in the economy declined dramatically. The “laissez-faire policy/doctrine/policy was evolved against the government intervention. “Government was considered the best which does the least as per laissez-faire. Laissez-Faire is an economic theory and policy that promotes a minimal to nonexistent amount of government interference and intervention into the private business sector. The laissez-faire school of thought occupies one extreme on the spectrum of levels of government regulation of the free market. Proponents of the theory or model believe that the government not only should not interfere with everyday dealing of supply and demand, but that it should be in a sense, entirely separated from the business