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While The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit. Lastly, Economy is the state of a country or region in terms of the production and consumption of goods and services and the supply of money.

Now, we’ll look at the roles the government play in business Nd economy .

First, I’d explain what government policy means because most times that’s the means they use to play a role in the economy and business . A government policy is a rule or principle that hopefully better guides decisions, resulting in positive outcomes that enhance the community or unit.

The roles the government play in the economy are numerous but I’d put down the major ones .

For one, One of the roles of the government in the economy is Stabilization . Here, the government is mandated to ensure that the country has a surplus or Favorable balance of trade and not a deficit or unfavorable balance of trade . This simply means that