1. Economic Roles of the Government
Lessons From Rome

2. Economic Roles of the Government
Support a legal system and protect property rights
Protect the rights of the citizens
Think your home, car, or the courts (add your own)
Provide Public Goods
Shareable and not excludable
Think roads, military protection (add your own)
Maintain competition in the markets
Free trade, business can use profit the way they want
Think reinvest in their own business (add your own)
Redistribute income through tax collection
Bread and circuses (free food and gladiator games)
Think food stamps, grants for college (add your own)