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Administration
INTRODUCTION
Central Questions
What is the role of government in the
DEVELOPMENT AGENTS
GOVERNMENT
Bureaucracy
MARKETS
SOCIETY
Government Functions
The Government undertakes seemingly
Governments Role
FACILITATOR: Overcoming bottlenecks that
The Market
The market is an allocation mechanism.
Prices in the market reflect the opportunity
Societys Goal
We the people of the United Governments, in
LEGITIMATE REPRESENTATION
Democratic
Undemocratic
2.
Fiscal policy
Laws (protect safety, health, welfare, morals, etc.)
2.
SAFETY NET
Social security
Welfare programs
GOODS
MARKET
GOVERNMENT/
BUREAUCRACY
BUSINESSES
FACTOR
MARKET